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B5nton corp. just paid a dividend (Do) of $1.34. Dividends are expected to grow at 25% for each of the next three years, then at
B5nton corp. just paid a dividend (Do) of $1.34. Dividends are expected to grow at 25% for each of the next three years, then at a rate of 5.5% forever after that. Shareholders require a 9.6% rate of return. What should a share of Benton stock be worth today?
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