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HCF, Inc. is planning to pay an annual dividend of $1.50 at the end of this year. After that, the dividend is expected to grow
HCF, Inc. is planning to pay an annual dividend of $1.50 at the end of this year. After that, the dividend is expected to grow at 12% for one year, and then 7% thereafter. If your required rate of return is 10%, what is the value of the stock?
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