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Hart Enterprises recently paid a dividend of $1.25. It expects to have a dividend growth rate of 15% for the first 3 years followed by
Hart Enterprises recently paid a dividend of $1.25. It expects to have a dividend growth rate of 15% for the first 3 years followed by a constant rate of 6% thereafter. The firm's required return is 10%. What is the firm's stock value today?
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