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NONCONSTANT GROWTH STOCK VALUATION Taussig Technologies Corporation (TIC) has been growing at a rate of 20% per year in recent years. This same growth rate
NONCONSTANT GROWTH STOCK VALUATION Taussig Technologies Corporation (TIC) has been growing at a rate of 20% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to 8, = 6%. )If Do. = $1.60 and r. = 10%, what is TTC's stock worth today? What are its expected dividend, and capital gains yields at this time, that is, during Year 1
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