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Awesome Firm competes in an industry that is currently undergoing extensive technological advancement. The firm is expecting to experience high growth for the next two
Awesome Firm competes in an industry that is currently undergoing extensive technological advancement. The firm is expecting to experience high growth for the next two years of growth before entering a period of linearly declining growth lasting years. The firm then expects growth to settle in the longterm at growth. Given a current dividend of and required return of on equity, what is the best Estimate of the firm's intrinsic value today? the answer is
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