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A company is going to pay a $2 dividend for the next 10 years (year-end). After that, the dividend will grow at a rate of
A company is going to pay a $2 dividend for the next 10 years (year-end). After that, the dividend will grow at a rate of 2% forever. How the stock price will change if the required rate of return of the market goes from 5% to 10%?
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