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Azusa Corporation just paid dividend of $3.50 per share. The dividend is expected to grow at 16% for the next 10 years and then level
Azusa Corporation just paid dividend of $3.50 per share. The dividend is expected to grow at 16% for the next 10 years and then level off to a 6% rate indefinitely. What is the most you should pay for the stock if you require a return of 13% on the stock?
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