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nu pomes Save A Consider a firm that just paid a dividend of $2.25 per share. The company expects growth in the next two years
nu pomes Save A Consider a firm that just paid a dividend of $2.25 per share. The company expects growth in the next two years to be 15%. Thereafter the firm expects the dividend to grow at a stable 5% rate per year. Calculate the value of the stock today. Assume the required rate of return is 1296 round Intermediate values to 4 decimals) $44.63 35 58 $40 20 $50.20 $32.14
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