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Assume the firm's dividend is $3.44 this year, and that the required rate of return for the firm's industry is 10.2%. The firm's dividend will
Assume the firm's dividend is $3.44 this year, and that the required rate of return for the firm's industry is 10.2%. The firm's dividend will grow by 2.8% each year. What will be the market value of the firm's stock six years from now under the Dividend Discount Model?
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