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need asap please! What would be the approximate expected price of a stock when dividends are expected to grow at a 19% rate in each
need asap please!
What would be the approximate expected price of a stock when dividends are expected to grow at a 19% rate in each of years 2 and 3, and then grow at a constant rate of 7% if the stock's required return is 12% and next year's dividend will be $2.70? Multiple Choice $54.29 $68.64 $65.93 $77.58Step by Step Solution
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