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Consider a stock with dividends that are expected to growth at 20% per year for four year, after which they are expected to grow at

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Consider a stock with dividends that are expected to growth at 20% per year for four year, after which they are expected to grow at 5% per year, indefinitely. The last dividend paid was $1.00 and k, = 10%. Calculate the value of this stock using the multistage growth model A. $34.87 B. $34.84 C. $33.76

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