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Better Mousetraps has come out with an improved product, and the world is beating a path to its door. As a result, the firm projects

Better Mousetraps has come out with an improved product, and the world is beating a path to its door. As a result, the firm projects
growth of 20% per year for 4 years. By then, other firms will have copycat technology, competition will drive down profit margins, and
the sustainable growth rate will fall to 5%. The most recent annual dividend was DIVO =$1 per share.
Compute the value of Better Mousetraps for assumed sustainable growth rates of 6% through 9%, in increments of 0.5% and compute
the percentage change in the value of the firm for each 1 percentage point increase in the assumed final growth rate, g, using a
required rate of return of 10%.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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