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Ional ) Question Help Assume Gillette Corporation will pay an annual dividend of $0.62 one year from now. Analysts expect this dividend to grow at
Ional ) Question Help Assume Gillette Corporation will pay an annual dividend of $0.62 one year from now. Analysts expect this dividend to grow at 11.7% per year thereafter until the 4th year. Thereafter, growth will level off at 2.1% per year. According to the dividend-discount model, what is the value of a share of Gillette stock the firm's equily cost of capital is 7.6% The value of Gillette's stock is (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer All parts showing a 2 020 based on The SUS 241 do
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