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Assume Highline Company has just paid an annual dividend of 5103 Analysts are predicting an 10 19 per year growth rate in earnings over the

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Assume Highline Company has just paid an annual dividend of 5103 Analysts are predicting an 10 19 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 52% per year I Highline's equity cost of capital is 7.6% per year and its dividend payout ratio remains constant, for what price does the dividend-discount model predict Highline stack should sell? The value of Highline's stock 66 Round to the newest cont

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