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2. Cameron Corp just paid a dividend of $ 10.2 per share. Dividends are expected to grow 9.1 percent for the next three years,

 

2. Cameron Corp just paid a dividend of $ 10.2 per share. Dividends are expected to grow 9.1 percent for the next three years, and the dividend growth rate falls to a constant 3.7 percent thereafter. If the required rate of return is 10.85 percent, estimate the value of its stock.

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