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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 $1 per share. What is the stock price if the discount
rate is 10%?(Hint: We need to first calculate the dividend next year to use in the non-constant
dividend discount model)
Answer: P0=$34.74
answer is above but need help with steps thank you!
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