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17. An analyst feels that AAA Companys earnings and dividends will grow at 25% for two years, after which growth will fall to a constant

17. An analyst feels that AAA Companys earnings and dividends will grow at 25% for two years, after which growth will fall to a constant rate of 6%. If the projected discount rate is 10%, and AAAs most recently paid dividend was $1, the value of AAAs stock using the dividend discount model is closet to?

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