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Can someone help explain how I would solve this The National X-Ray Company paid $2.00 per share in common stock dividends last year The company's

Can someone help explain how I would solve this

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The National X-Ray Company paid $2.00 per share in common stock dividends last year The company's policy is to allow its dividend to grow at 5 percent for 4 years and then the rate of growth changes to 3 percent per year from year five and on. What is the value of the stock if the required rate of return is 8 percent?(variable growth model)

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