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A company just paid a $1.30 dividend, and it is expected to grow at 40% for the next 3 years. After 3 years the dividend
A company just paid a $1.30 dividend, and it is expected to grow at 40% for the next 3 years. After 3 years the dividend is expected to grow at the rate of 7% indefinitely. If the required return is 12.7%, what is the stock's value today?
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