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1. Quora has just paid a dividend of $5.00 on its stock. Its dividends are expected to grow at a 20 percent rate for the

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1. Quora has just paid a dividend of $5.00 on its stock. Its dividends are expected to grow at a 20 percent rate for the next two years (Year 2023 and 2024), with the growth rate falling off to a 10 percent thereafter (from Year 2025). 1) What is the dividend at Year 2025? 2) If the required return is 15 percent, figure out the stock price in 2024(SP2)

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