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A fast growing firm paid a dividend of $1.35 per share during the most recent year, The dividend is expected to increase at a rate
"A fast growing firm paid a dividend of $1.35 per share during the most recent year, The dividend is expected to increase at a rate of 19.0% per year for the next 3 years , Afterwards, a more stable 8.00% annual growth rate should be assumed - If a 14.00% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)"
$28.70 | ||
$27.05 | ||
$36.60 | ||
$34.95 | ||
$34.67 | ||
$29.72 | ||
$32.10 |
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