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Assume Stanton Corporation will pay an annual dividend of $ 3 . 2 8 one year from now. Analysts expect this dividend to grow at
Assume Stanton Corporation will pay an annual dividend of $ one year from now. Analysts expect this dividend to grow at pa thereafter until the third year. After then, growth will level off at pa The firms equity cost of capital is pa What is the intrinsic value of Stanton Corporation? All of these rates are compounded annually. Round your answer in dollars to decimal places, eg put if your answer is
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