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A company has recently paid a dividend of $2. Dividends are forecast to grow by 20% for next period, 10% in the period after that,
A company has recently paid a dividend of $2. Dividends are forecast to grow by 20% for next period, 10% in the period after that, and then indefinitely at 5%. If the required return is 10% what is the current price of the stock?
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