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A firm just paid a dividend of $0.56. The dividend is expected to grow at a 40% rate for the next 4 years and at
A firm just paid a dividend of $0.56. The dividend is expected to grow at a 40% rate for the next 4 years and at a 10% rate thereafter. What is the value of the stock if the required rate of return is 13%? a. $73.32 b. $68.64 C. $52.32 d. $36.21
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