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Question: star light amp power increases its dividend 43 percent per...

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Star Light & Power increases its dividend 4.3 percent per year every year. This utility is valued using a discount rate of 14 percent, and the stock currently sells for $43 per share. If you buy a share of stock today and hold on to it for at least three years, what do you expect the value of your dividend check to be three years from today?

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