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A companys share just paid a dividend of $2.5. You expect the dividends to grow by 15.9% for the next two years and then settle
A companys share just paid a dividend of $2.5. You expect the dividends to grow by 15.9% for the next two years and then settle down to a constant 1.9% growth. If the required return on the share is 13.2%, what is your estimate of the fair value (price) of the share? Enter a number with two decimal places without the dollar sign
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