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An analyst for a bank estimates that RedSeed dividend will grow at a rate of 40% over the next two years and then the dividend

An analyst for a bank estimates that RedSeed dividend will grow at a rate of 40% over the next two years and then the dividend will grow at a constant rate of 4% thereafter. Based on the banks assumption of future dividends and an assumed required rate of return as calculated by the CAPM in part A, what would you estimate as the fair value of a share of RedSeed common stock?

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