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45. Phillips, Inc. just paid a dividend of $3.25 per share onits common stock (that is, D0 = 3.25). Investors expect thedividend to grow at
45. Phillips, Inc. just paid a dividend of $3.25 per share onits common stock (that is, D0 = 3.25). Investors expect thedividend to grow at 45% in years 1 and 2, they expect the dividendto grow at 1 answer
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