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of Zebra is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 0.1 a year for

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of Zebra is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 0.1 a year for the next 3 years and then decreasing the growth rate to 0.05 per year, the company just paid its annual dividend in the amount of 1 per share. What is the current value of one share of this stock if the required rate of return is 0.16" what is the price of the stock

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