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Nonconstant Dividend Growth Valuation last only for another 2 years (90,1=01,2=28%. After vear 2 , the orowth rate winkstabilize at 92=7%. a. What is cecls
Nonconstant Dividend Growth Valuation last only for another 2 years (90,1=01,2=28%. After vear 2 , the orowth rate winkstabilize at 92=7%. a. What is cecls stock worth today? Do not round intermediate caloulations. Rownd your answer to the nearest cent. $ b. What is the expected stock price at year 17 po not round intermedate calchul tions. Round your answer to the nearest cent. $ Dividend yield: Total return: Dividend viela: Capital gains yiela: Total return: %
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