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Peaks Organic Foods current dividend is $4. You expect the growth rate to be 10 percent for years 1 to 5, and 3 percent from
Peaks Organic Foods current dividend is $4. You expect the growth rate to be 10 percent for years 1 to 5, and 3 percent from year 6 onward. The required rate of return on this firms equity is 12.5%. Determine the price of the stock today.
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