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assume highline company has just paid an annual dividend of $0.95. analysts are predicting 11.8% per year growth rate in earnings over the next 5
assume highline company has just paid an annual dividend of $0.95. analysts are predicting 11.8% per year growth rate in earnings over the next 5 years. after then, earnings are expected to grow at 4.9% per year. if equity cost of capital is 9.3% per year and its dividend payout ratio remains constant, for what price does the dividend-discount model predict highline stock should sell? the value of stock is ?
the value of stock is ?
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