question archive Global Exporters recently announced that it will pay annual dividends of $1

Global Exporters recently announced that it will pay annual dividends of $1

Subject:FinancePrice:2.87 Bought7

Global Exporters recently announced that it will pay annual dividends of $1.10; $1.25, and $1.30 a share over the next three years, respectively. After that, the firm plans to increase its dividend by 2.5 percent annually. What is one share of this stock worth to you today if you require an 11 percent rate of return?

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