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assume Gillette corporation will pay an annual dividend of $0.63 one year from now. analysts expect this dividend to grow at 12.7% per year thereafter
assume Gillette corporation will pay an annual dividend of $0.63 one year from now. analysts expect this dividend to grow at 12.7% per year thereafter until the 6th year. thereafter, growth will level off at 1.9% per year. according to the dividend-discount model, what is the value of a share of Gillete stock if the equity cost of capital is 7.4%?
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