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HELP! How do I solve this using Excel? This has to be done in Excel. Question 2: You are considering issuing a stock that will
HELP! How do I solve this using Excel? This has to be done in Excel.
Question 2: You are considering issuing a stock that will pay a dividend of $1.00 a year from today. The base case assumption is that the dividend will grow at an annual rate of 10% for two years after that, then at 6% for another five years and then will grow at 4% annually for ever. If the required rate of return on similar stocks is 12% what should be the price of the stockStep by Step Solution
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