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Correct Mark 1.00 out of 1.00 IBased on the following information on GE common stock, calculate the expected price, E(P0): Last dividend per share: $5

Correct Mark 1.00 out of 1.00 "IBased on the following information on GE common stock, calculate the expected price, E(P0): Last dividend per share: $5 Growth rate: 20% per year for years 1 through 3, and 10% per year for years 4 to infinity Required rate of return for the stock: 12%n the equity free cash ow model, the discount rate used to discount the free cash ows is the firm's weighted average cost of capital, WACCcomp." True or false

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