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Furniture city currently pays dividend of 2.00. The growth rate, which is currently 20% and it is expected to decline over the next 10 years
Furniture city currently pays dividend of 2.00. The growth rate, which is currently 20% and it is expected to decline over the next 10 years to a stable rate of 10% thereafter. The required returns for an investment in Furniture city is 18%.
Estimate the value of furniture city
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