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4. The firm D pays a current dividend of $2.00 Growth rate is 25% for the next three years growth then declines linearly over eight
4. The firm D pays a current dividend of $2.00 Growth rate is 25% for the next three years growth then declines linearly over eight years to a stable rate of 6%. The required return on this stock is 10% and the current stock price of firm D is $50. Calculate the value using an appropriate model
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