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please do it in excel and show the formulas as well as the answers. thank you (For this problem, work with Excel and copy your
please do it in excel and show the formulas as well as the answers. thank you
(For this problem, work with Excel and copy your clean answer table here) Non-constant dividend growth model: Compute the value of a share of common stock of Lexi's Cookie Company whose most recent dividend was $2.05 and is expected to grow at 8 percent per year for the next 5 years, after which the dividend growth rate will decrease to 3 percent per year indefinitely. Assume 9 percent required rate of returnStep by Step Solution
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