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Auxiliary Pharmaceuticals is expecting to pay dividends of $2 per year over the next two years. Beginning Year 3 dividends will grow at 5% growth
Auxiliary Pharmaceuticals is expecting to pay dividends of $2 per year over the next two years. Beginning Year 3 dividends will grow at 5% growth each year into foreseeable future. What price should the stock sell for if investors require 10% return?
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