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At the end of the year 2020 Brown Bear Corporation paid dividends $2.01 per share. The company projects the following annual growth rates in dividends:
At the end of the year 2020 Brown Bear Corporation paid dividends $2.01 per share. The company projects the following annual growth rates in dividends: From year 2027 onward growth in dividends is expected to remain constant at 2% per year. The required rate of return for this stock is 9.40%. Calculate the economic value of the stock now (end of the Year 2020). Your
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