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cellular talk is a new firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 25% a year for

cellular talk is a new firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 25% a year for the next three years and then decreasing growth to 6% per year. The company just paid its annual dividend in the amount of $0.80 (t=0) per share. what is the current value of one share of this stock if the required rate of return is 17%?

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