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6. Recently Stock D paid a dividend D. of $1.25. It expects to have a non-constant growth of 20% for 2 years followed by a

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6. Recently Stock D paid a dividend D. of $1.25. It expects to have a non-constant growth of 20% for 2 years followed by a constant growth rate of 5% thereafter. Answer the following questions: 1. Using a time line, show the stock's expected dividends and horizon date. 2. What is the firm's horizon value? 3. What is the firm's intrinsic value today, P.? 6. Recently Stock D paid a dividend D. of $1.25. It expects to have a non-constant growth of 20% for 2 years followed by a constant growth rate of 5% thereafter. Answer the following questions: 1. Using a time line, show the stock's expected dividends and horizon date. 2. What is the firm's horizon value? 3. What is the firm's intrinsic value today, P

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