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Assume Fifa Corporation will pay an annual dividend of $ 0.67 one year from now. Analysts expect this dividend to grow at 12.2 % per
Assume Fifa Corporation will pay an annual dividend of $ 0.67 one year from now. Analysts expect this dividend to grow at 12.2 % per year thereafter until the 5th year. Thereafter, growth will level off at 1.9 % per year. According to thedividend-discount model, what is the value of a share of Fifastock if the firm's equity cost of capital is 7.8 %?
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