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Eddy Ltd. has been growing at an extraordinary rate of 30% and this expected to last for four years. Thereafter the firm is expected to
Eddy Ltd. has been growing at an extraordinary rate of 30% and this expected to last for four years. Thereafter the firm is expected to grow at 5% per annum indefinitely. Eddy just paid a dividend of GHC 5. If investors required rate of return is 20%, what is the value of Eddy Ltd.s shares?
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