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Assume Gilette Corporation will pay an annual dividend of $066 one year trom now. Analysts expect tis dividend to grow at 126% per year thereafter

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Assume Gilette Corporation will pay an annual dividend of $066 one year trom now. Analysts expect tis dividend to grow at 126% per year thereafter untl the 4 th year. Thereafler, growth will level off at 2.1% per year. According to the dividend-discount model, what is the value of a share of Cilletle stock if the firm's equity cost of capial is 7.4X? The value of Calletle's stock is 5 (Round to the nearest cent) Assume Gilette Corporation will pay an annual dividend of $066 one year trom now. Analysts expect tis dividend to grow at 126% per year thereafter untl the 4 th year. Thereafler, growth will level off at 2.1% per year. According to the dividend-discount model, what is the value of a share of Cilletle stock if the firm's equity cost of capial is 7.4X? The value of Calletle's stock is 5 (Round to the nearest cent)

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