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China Reaction Inc, has been growing at a phenomenal rate of 30% per year because of its rapid expansion and explosive sales.You believe this growth
China Reaction Inc, has been growing at a phenomenal rate of 30% per year because of its rapid expansion and explosive sales.You believe this growth rate will last for three years more and then it will drop to 10% per year.If the growth rate remains at 10% indefinitely, what is the total value of the stock? Total dividends just paid were 5 million, and the required return is 20%.
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