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A stock just paid a dividend of $2.41. The dividend is expected to grow at 26.60% for two years and then grow at 3.63% thereafter.
A stock just paid a dividend of $2.41. The dividend is expected to grow at 26.60% for two years and then grow at 3.63% thereafter. The required return on the stock is 10.10%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
