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LCS outdoor has come out with an improved product, and the world is beating a path to its door. As a result, the firm projects
LCS outdoor has come out with an improved product, and the world is beating a path to its door. As a result, the firm projects growth of per year for years. By then, other firms will have copycat technology, competition will drive down profit margins, and the sustainable growth rate will fall to The most recent annual dividend was $ per share. If stock investors' required rate of return is what will be the firm's stock price per share today?
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