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Big Tent Company just paid a dividend of $4.05. The growth rate in dividends is expected to be 17 percent per year for the next

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Big Tent Company just paid a dividend of $4.05. The growth rate in dividends is expected to be 17 percent per year for the next three years and then the dividend growth rate is expected to decline to a constant percent thereafter. If the required rate of return is 13 percent, what is the value of this stock at the end of year 3 Multiple Choice $9573 $103.35 $100.76 $93.27 $98.22

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