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Into TheUnknown Industries is presently enjoying relatively high growth because of a surge in the demand for its new product Management expects carmings and dividends

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Into TheUnknown Industries is presently enjoying relatively high growth because of a surge in the demand for its new product Management expects carmings and dividends to grow at a rate of 41% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, ie, g-0. The company's last dividend, DO, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? Do not round intermediate calculations $84.98 $42.70 $40.67 $45.43 $48.16 $37.71 $54.06 QUESTION 3 LetitGo Corp. paid a dividend last quarter of $5.52. It is expected to grow at 4% over the next year, 5%, the following year, and 12% the year after that. After this period of non-constant growth, the dividends are expected to grow at a constant rate of 1% indefinitely. What is the dividend paid in year 1 after the first year of non-constant growth

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