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12. Preblem 9.04 CNonconstant Growth Valuation L The terminal, or horton, date is the date when the growth rete becomes onconstant. This ocours at time

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12. Preblem 9.04 CNonconstant Growth Valuation L The terminal, or horton, date is the date when the growth rete becomes onconstant. This ocours at time zero The terminel or heron, ae is the date when the growth rate becomes constant. This at the end of Year The terminal, o i present value of expected dividends at ae

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