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.Addy Co. is expected to pay its shareholders dividend which grows at 25% for the first three years and 20% for the next two years.
.Addy Co. is expected to pay its shareholders dividend which grows at 25% for the first three years and 20% for the next two years. After which dividends are expected to grow at a steady rate of 10% a year forever. The current annual dividend paid is $150.00 and investors required a return of 15%. What is the value of the companys share?
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