Rework Table 7.4 for horizon years 1, 2, 3, and 10 , assuming that investors expect the dividend and the stock price to increase at only $6%$ a year and that each investor requires the same $12%$ expected return. The company will pay a dividend of $$3$ at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) TABLE 7.4 Value of Blue Skies

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Rework Table 7.4 for horizon years 1, 2, 3, and 10 , assuming that investors expect the dividend and the stock price to incre

TABLE 7.4 Value of Blue Skies

Rework Table 7.4 for horizon years 1, 2, 3, and 10 , assuming that investors expect the dividend and the stock price to increase at only

6%

a year and that each investor requires the same

12%

expected return. The company will pay a dividend of

$3

at the end of the first year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) TABLE 7.4 Value of Blue Skies

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