Nu-Tek Is Expanding Rapidly

question 85

Multiple Choice

Nu-Tek is expanding rapidly.As a result, the company expects to pay annual dividends of $.62, .80, and $1.05 per share over the next three years, respectively.After that, the dividend is projected to increase by 4 percent annually.What is the current value of this stock if the required return is 16 percent?

• A)$7.63
• B)$9.67
• C)$10.46
• D)$6.58
• E)$8.49

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Children who have experienced physical, emotional, or sexual abuse, or neglect by caregivers.

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