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P 7-18 (similar to) Question Help Assume Gillette Corporation will pay an annual dividend of 30 65 one year from now. Analysts expect this divided

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P 7-18 (similar to) Question Help Assume Gillette Corporation will pay an annual dividend of 30 65 one year from now. Analysts expect this divided to grow at 12% per year theater until the 4th year. Thereafter, growth will level off at 16% per year. According to the dividend-discount model, what is the value of aware of stock if the firm's equily cost of capital is 7.157 The value of Gillette's stockis Round to the nearest ont

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