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Hadlock Healthcare expects to pay a $ 1 . 0 0 dividend at the end of the year ( D 1 = $ 1 .
Hadlock Healthcare expects to pay a $ dividend at the end of the year D $ The stock's dividend is expected to grow at a rate of percent a year until three years from now t After this time, the stock's dividend is expected to grow at a constant rate of percent a year. The stock's required rate of return is percent.
Estimate the stock price P
Calculate expected dividend yield and expected capital gain yield, in year
Estimate expected stock price in year that is P
Estimate expected stock price in year that is P
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