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Fluffy Nut Products just paid a dividend of 1.54 and anticipates a short term growth rate of 14% for year 1 and for year 2

Fluffy Nut Products just paid a dividend of 1.54 and anticipates a short term growth rate of 14% for year 1 and for year 2 (dividends 1 and 2).

Assuming that after year 2, Fluffy Nut contract with the City of Boston will give it a constant growth rate of 3%, what is the fair-value of a share if the required return is 13%?

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