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A stock just paid an annual dividend of $ 4 . 3 6 . The dividend is expected to grow by 1 2 % per
A stock just paid an annual dividend of $ The dividend is expected to grow by per year for the next years. It will then grow by per year forever.
The required rate of return is
Part
What is the dividend in year
Part What is the terminal value P
Part
What is the value of the stock?
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