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H/W6 Frazier Inc. paid a dividend of $4 last year (D.). The firm is expecting dividends to grow at 21% in years 1-2 and 10%
H/W6 Frazier Inc. paid a dividend of $4 last year (D.). The firm is expecting dividends to grow at 21% in years 1-2 and 10% in Year 3. After that growth will be constant at 8% per year. Similar investments return 14%. Calculate the value of the stock today. Dr. Erasmus F. Kipesha-elkipesha @mzumbe.ac.tz
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