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Company XYZ common stock just paid a dividend of $2.00 per share and its dividend is expected to grow at 10 percent per year for
Company XYZ common stock just paid a dividend of $2.00 per share and its dividend is expected to grow at 10 percent per year for three years and then grow at 4 percent per year forever. XYZ stocks have a 13 percent required return. You should you be willing to pay?
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