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Nonconstant growth stock As companies evolve, certain factors can drive sudden powth. This may lead to a period of constant, or variable, growth. This would

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Nonconstant growth stock As companies evolve, certain factors can drive sudden powth. This may lead to a period of constant, or variable, growth. This would cause the expected growth to increase decrew by cing the valuation model for companies in such a s you would refer to the variable, ofron growth model for the lion of the company's stock Consider the case of Portman destes i sh. The company expect the coming you to be vyote, and its dividend is expected by 12.00 over the year Portman Industr Alter the w a dividend of $3.12 o rld of 2.0 per ye Awning that the market is in u num, et informant e in complete the whe Dividends one year from sow (D) Moton Value (PB The risk-free with makes riskun ( RP P 446

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