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A company has just paid a dividend of 5 pounds. The dividends are expected to grow at a higher rate 8% per year for the

A company has just paid a dividend of 5 pounds. The dividends are expected to grow at a higher rate 8% per year for the next 3 years and at a lower rate 4% per year thereafter. Suppose the required rate of return of the stock is 7%. Please suggest reasonable positive numbers for the above parameters and calculate the current value of the hypothetical stock.

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