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LCP, a new medical group, just paid (moments before time 0) a dividend of $1.00. These dividends are expected to grow at 10% a year

LCP, a new medical group, just paid (moments before time 0) a dividend of $1.00. These dividends are expected to grow at 10% a year for the next two years (i.e., t=1 and t=2), and at 5% a year thereafter. What is the value of the stock if the discount rate is 12%? Group of answer choices Greater than $18 Between $16 and $17 Equal to $16 Between $17 and $18

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