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A company has a stock that just paid a $3.8 per share dividend. The dividend is expected to grow at 14% over the next year
A company has a stock that just paid a $3.8 per share dividend. The dividend is expected to grow at 14% over the next year and then grow at a constant 2% per year forever. If the stocks required return is 10%, how much should you be willing to pay for a share of the stock?
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