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4.-A growth stock is expected to earn a dividend of $3.per share at the first year of investment, and then the dividend will grow 10%

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4.-A growth stock is expected to earn a dividend of $3.per share at the first year of investment, and then the dividend will grow 10% annually forever.: Suppose the expected rate of return of the stock is 15% due to a high- level of risk of investment. What if she wants to buy and hold it forever, what is the reasonable price per share of the stock? (10%) +

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