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b. This question is independent of the one above. Consider Cadbury Schweppes (CSG). The growth rate in earnings and dividends over the past ten years
b. This question is independent of the one above. Consider Cadbury Schweppes (CSG). The growth rate in earnings and dividends over the past ten years has averaged 10%, but your research has convinced you that growth will slow to about 7% for the foreseeable future. Assuming you believe that an appropriate required rate of return for this stock is 11.5%, evaluate CSG stock using the present value approach
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