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A company just paid a dividend of D= 2.50 for its stick. Companys dividend is expected to grow by 70% in the first year, by
A company just paid a dividend of D= 2.50 for its stick. Companys dividend is expected to grow by 70% in the first year, by 30% in the second year, by 12% in the third year and at a constant rate of 5% in year 4 and thereafter. The required return in this stock is 20%. What is the sticks current value?
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