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Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the

Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the assets. As a result, forecast dividends are DIV $10.50, DIV2 $11.00, and DIV3 = $26.50. = = What is the stock price if the discount rate is 10%? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Stock price
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Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the assets. As a result, forecast dividends are DIV 1=$10.50, DIV 2=$11.00, and DIV 3=$26.50. What is the stock price if the discount rate is 10% ? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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