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Can you please help check my work? I did it and want to know if it's correct as well can you explain how to do
Can you please help check my work? I did it and want to know if it's correct as well can you explain how to do the empty zones?
Suppose a firm is expected to increase dividends by 50% in one year and by 20% annually in the next two years (in Current Price $9.09=B8/(B12B11) \begin{tabular}{lcll} \multicolumn{3}{c|}{ Solution } \\ Find dividends until growth levels off \\ & S & 1.50 & =B8B9+B8 \\ Div1 & S & 1.80 & =(B19B10)+B19 \\ Div2 & S & 2.16 & =(B20B10)+B20 \\ Div3 & S & 2.27 & =B21B11+B21 \\ Div4 & \end{tabular} Find the expected future price at the beginning of stable growth periodStep by Step Solution
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