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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 4

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider a firm that has just paid a dividend of $2. An analyst expects dividends to grow at a rate of 8 percent per year for the next five years. After that dividends are expected to grow at a normal rate of 5 percent per year. Assume that the appropriate discount rate is 7 percent.
-Refer to Exhibit 8.3. The dividends for years 1, 2, and 3 are

Understand how to balance the use of abstract and concrete words to enhance message clarity and impact.
Identify methods to emphasize key points or ideas in sentences and paragraphs.
Understand the role and function of independent and dependent clauses in sentence construction.
Understand the structure and components of effective paragraphs.

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