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due to a new product introduction, earnings and dividends in an automobile company are expected to grow at a rate of 12% for the next

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due to a new product introduction, earnings and dividends in an automobile company are expected to grow at a rate of 12% for the next 2 years. after tyus period, the firm is expected to resume growth at the industry average of
5% tgereafter. the firm recently paid a dividend of $2 and the required return is 15%. what is the most you should pay for the company's stock?
Question 10 Due to w

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