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A stock just paid a dividend of $2.32. The dividend is expected to grow at 25.93% for two years and then grow at 4.88% thereafter.
A stock just paid a dividend of $2.32. The dividend is expected to grow at 25.93% for two years and then grow at 4.88% thereafter. The required return on the stock is 13.94%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
10th edition
978-1119305736
