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5. Brass Industries most recent dividend was $1.25. Dividends are expected to grow at 6% for 3 years followed by an estimated future growth of

5. Brass Industries most recent dividend was $1.25. Dividends are expected to grow at 6% for 3 years followed by an estimated future growth of 5%. The required return is 12%. What is the value of Brass Industries shares?

Please show the work and state all the formula

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