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?? cx Enterprises has the following expected dividends: 51 14 in one year, 51 24 in two years, and 5134 in three years. After that,
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cx Enterprises has the following expected dividends: 51 14 in one year, 51 24 in two years, and 5134 in three years. After that, is dividends are expected to grow at 38% per year forever (so that year 4's dividend will be 38% more than $1 34 and so on) CX's equity cost of capital is 12 3% what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.) ea Step by Step Solution
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