Jenny to forecast dividend payments for Reeby Sports and to

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Jenny to forecast dividend payments for Reeby Sports and to estimate the value of the

stock. You do not need to provide a single figure. For example, you may wish to calculate

two figures, one on the assumption that the opportunity for further profitable investment

disappears

after six years and another assuming it disappears after eight years.

2. How much of your estimate of the value of Reeby’s stock comes from the present value of

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