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Assume Bon Temps Company's dividend is expected to grow 30% in the first year, 20% in the second year, 10% in the third year, and
Assume Bon Temps Company's dividend is expected to grow 30% in the first year, 20% in the second year, 10% in the third year, and return to a long run constant growth rate of 4% after that. Given that D0 = $2.00, and the Required Rate of Return = 9%, what is the stock's value under these conditions?
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