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Negative Limited is expected to grow for four years at a rate of 50 percent. After four years, the product fad is expected to decline,
Negative Limited is expected to grow for four years at a rate of 50 percent. After four years, the product fad is expected to decline, and Negative will grow at a negative growth rate of 5 percent. Negative currently pays a dividend of $1.00 per share and stockholders have a required rate of return of 18 percent. What should be the market value for a share of Negative Limited stock?
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