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Given the following information, what should be the price of the stock? You are analyzing a company and you expect the firm to pay a
Given the following information, what should be the price of the stock? You are analyzing a company and you expect the firm to pay a dividend of $1.08 next year and $4.30 the following year (year 2 ). After the second year you expect the dividend to grow at a rate of 5.9%. You feel the appropriate discount rate is 13.9%
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