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A fast growing company paid a dividend this year of $1, which is expected to grow at 20% for two years. Afterwards, the growth rate

A fast growing company paid a dividend this year of $1, which is expected to grow at 20% for two years. Afterwards, the growth rate will be 8%. If the required is 10%, what is the value of this stock at the end of the second year (i.e. P2)? A. $27.21 OB. $38.16 OC.$51.36 D. $77.76

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