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A stock just paid a dividend of $2.52. The dividend is expected to grow at 24.31% for two years and then grow at 3.95%
A stock just paid a dividend of $2.52. The dividend is expected to grow at 24.31% for two years and then grow at 3.95% thereafter. The required return on the stock is 14.58%. What is the value of the stock?
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
