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3 . A rapidly growing firm is currently paying a dividend of $ 2 . 9 5 . The dividend growth rate is expected to
A rapidly growing firm is currently paying a dividend of $ The dividend growth rate is expected to be for the next years, for the following years, and annually thereafter. The expected return on the market is the riskfree rate is and the firms Beta is
a Calculate the estimated price intrinsic value for a share of this firms stock.
b Use Goal Seek to determine what the current dividend would need to be to yield an estimated price intrinsic value of $
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