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A stock just paid a dividend of $2.41. The dividend is expected to grow at 23.14% for three years and then grow at 4.91% thereafter.
A stock just paid a dividend of $2.41. The dividend is expected to grow at 23.14% for three years and then grow at 4.91% thereafter. The required return on the stock is 13.07%. What is the value of the stock?
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
