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Need help with this. Please show all the work. Given the following information, calculate the current value of the stock: The current dividend is $2.00,
Need help with this.
Please show all the work.
Given the following information, calculate the current value of the stock:
The current dividend is $2.00, projected super-normal growth for three years at 30%, growth rate after year 3 should remain constant at 12% and you want to earn a 15% annual return. What should you pay for the stock?
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