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A stock just paid a dividend of $2.78. The dividend is expected to grow at 20.72% for five years and then grow at 3.95% thereafter.
A stock just paid a dividend of $2.78. The dividend is expected to grow at 20.72% for five years and then grow at 3.95% thereafter. The required return on the stock is 10.69%. What is the value of the stock?
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International Financial Management
Authors: Cheol Eun
9th Edition
1260788865, 9781260788860
