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Formula form of V0 please Charles Jones is evaluating Reliant Home Furnishings by using a three-stage growth model. The stock had a $0.4 per share

image text in transcribedFormula form of V0 please
Charles Jones is evaluating Reliant Home Furnishings by using a three-stage growth model. The stock had a $0.4 per share dividend year this. He has accumulated the following information about dividend growth: - 8.8 percent annually in Stage 1, Years 1-4. - 3.2 percent in Year 8 and thereafter. - The required return: 10% What is the value of the stock (V_0)

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