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Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 28 percent next year, 18 percent the following year, and then decrease at
Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 28 percent next year, 18 percent the following year, and then decrease at 2 percent per year indefinitely. You require a 12 percent return on this stock, and the company just paid a $2.00 dividend today, what will you be willing to pay per share today?
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