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please show how to solve in EXCEL 7. Fimm ABC just paid a dividend of $1.50. The firm has said they expect growth of 10%
please show how to solve in EXCEL
7. Fimm ABC just paid a dividend of $1.50. The firm has said they expect growth of 10% next year, followed by 12% the following year, and 15% the year thereafter. After that, they expect a terminal growth rate of 2% forever thereafter. If the required retum is 14%, what should be the current price of this price of stock? a $16.50 b. $13.50 c. $22.50 d. $26.50 Step by Step Solution
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