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Company MNO has developed a product that will be in demand for three years, at which point, the firm will close up shop and liquidate

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Company MNO has developed a product that will be in demand for three years, at which point, the firm will close up shop and liquidate its assets. As a result, forecast dividends are $2.00, $2.50 and $18.00 in years one, two and three, respectively. What is the stock price if the discount rate is $12%

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