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

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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 ...

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