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Company xyz common stock just paid a dividend of $2.00 per share and its dividend is expected to go 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 go at 10 percent per year for three years and then grow at 4 percent per year forever. XYZ stocks have a 14 percent required return. you should be willing to pay $____ for the stock
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