Latcher AB is a relatively new ﬁrm that is still in a period of rapid development.The company plans on retaining all of its earnings for the next six years.Seven years from now, the company projects Paying an annual dividend of €.25 a share and then increasing that amount by 3% annually Thereafter.To value this equity as of today, you would most likely determine the value of the share _____ years from today before determining today's value.
A)4
B)5
C)6
D)7
E)8

Question

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The Answer of Latcher AB is a relatively new ﬁrm that is still in a period of rapid development.The company plans on retaining all of its earnings for the next six years.Seven years from now, the company projects Paying an annual dividend of €.25 a share and then increasing that amount by 3% annually Thereafter.To value this equity as of today, you would most likely determine the value of the share _____ years from today before determining today's value.
A)4
B)5
C)6
D)7
E)8

Latcher AB Is a Relatively New ﬁRm That Is Still