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Assume Highline Company has just paid an annual dividend of $ 1 . 0 3 . Analysts are predicting an 1 0 . 2 %
Assume Highline Company has just paid an annual dividend of $
Analysts are predicting an per year growth rate in earnings over
the next five years. After then, Highline's earnings are expected to grow
at the current industry average of per year. f Highline's equity
cost of capital is per year and its dividend payout ratio
remains constant, for what price does the dividenddiscount model
predict Highline stock should sell?
help me solve this
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