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Calculate the value of a common share of Lexi's Cookie Company? whose most recent dividend was $2.50 and is expected to grow 3 percent per

Calculate the value of a common share of Lexi's Cookie Company?

whose most recent dividend was $2.50 and is expected to grow 3 percent per year for the next 5 years, after which the dividend growth rate will increase to 6 percent. annual indefinitely. Assume a required rate of return of 10 percent.

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