Combined communications is a new firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 21 percent a year for the next 4 years and then decreasing the growth rate to 5 percent per year. the company just paid its annual dividend in the amount of $1.10 per share. what is the current value of one share of this stock if the required rate of return is 8.50 percent? $52.25 $45.73 $57.36 $56.86
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Home » Business » Combined communications is a new firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 21 percent a year for the next 4 years and then decreasing the growth rate to 5 percent per year.