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Calculate the fair value based on the following information: Current dividend = $1.67 Normal growth rate = 2% Super growth rate = 12% Duration of

Calculate the fair value based on the following information:

Current dividend = $1.67

Normal growth rate = 2%

Super growth rate = 12%

Duration of the super growth rate = 4 years

Required return 8.5%

Please show two ways of solving this problem!.

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