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Develop a current stock value for a firm that is expected to have extraordinary growth of 25 percent for four years (from today), after which
Develop a current stock value for a firm that is expected to have extraordinary growth of 25 percent for four years (from today), after which it will face more competition and slip into a constant growth rate of 5 percent. Its required return is 14 percent and next year's dividend is expected to be $5.00.
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