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FIN3100 just paid a dividend of $6.00, i.e., D 0 = $6.00. The dividend is expected to grow by 100% during Year 1, by 50%
FIN3100 just paid a dividend of $6.00, i.e., D0 = $6.00. The dividend is expected to grow by 100% during Year 1, by 50% during Year 2, and then at a constant rate of 7% thereafter. If Silva's required rate of return is rs = 12%, what is the value of the stock today?
Group of answer choices
333.33
175.56
191.72
332.14
217.87
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