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A stock pays a current dividend of DIV 0 = $ 5 . 0 0 . Over the next 3 years the firm expects a
A stock pays a current dividend of DIV $ Over the next years the firm expects a super growth period where g; g; and g After years the Longterm constant
growth rate is expected to be g Assuming that the required return is r estimate price using the nonconstant growth DDM
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