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    Evaluating stock today and in a year

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    The Robert Phillips Co. currently pays no dividend. The company is anticipating dividends of $0, $0, $0, $.10, $.20, and $.30 over the next 6 years, respectively. After that, the company anticipates increasing the dividend by 4 percent annually. The first step in computing the value of this stock today, is to compute the value of the stock in year:

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    https://brainmass.com/business/accounting-for-corporations/the-robert-phillips-co-currently-pays-no-dividend-168243

    Solution Preview

    The Robert Phillips Co. currently pays no dividend. The company is anticipating dividends of $0, $0, $0, $.10, $.20, and $.30 over the ...

    Solution Summary

    Almost 100 words shows how to find the value of stock now and in the future.

    $2.19

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