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can you show how you would solve this problem by hand? not excel. and is it possible to solve it using BAII financial calculator? if

can you show how you would solve this problem by hand? not excel.

and is it possible to solve it using BAII financial calculator? if so how. Thank you image text in transcribed

Assume Gillette Corporation will pay an annual dividend of $0.65 one year trom now. Analysts expect this dividend to grow at 12% per year thereafter until the fifth year. After then, growth will level off at 2% per year. According to the dividend-discount model, what is the value of a share of Gillefte stock if the firm's equity cost of capital is 8%

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