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Chill Pill Pharmaceuticals is expecting a growth rate of 20% for the next two years due to its new drug. Thereafter it should level to
Chill Pill Pharmaceuticals is expecting a growth rate of 20% for the next two years due to its new drug. Thereafter it should level to a 5% growth rate. The last dividend paid was $0.65 per share. What price should the stock sell for if investors require 10% return?
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