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Growth of dividends 20% per year for next 3 years and 5% for an infinite period. Required return on the share is 10% Current selling
Growth of dividends 20% per year for next 3 years and 5% for an infinite period. Required return on the share is 10% Current selling price of share is $25 What is the dividend for the coming year?
Hint: Calculate D0 before D1.
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