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Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 23 percent next year, 13 percent annually
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 23 percent next year, 13 percent annually for the two years after that, and then at 5 percent annually thereafter. Based on this information, what is the today value of Jias Fashions common stock if the required rate of return is 10%?
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