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please solve 4. (10 pts) The Felix Corp projects to pay a dividend of S.75 next year and then have it grow at 12% for
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4. (10 pts) The Felix Corp projects to pay a dividend of S.75 next year and then have it grow at 12% for the following one year before growing at 8% indefinitely thereafter. The equity has a required return of 10% in the market. What is the current price of the stock? of the current market price of the stock is $40, would you buy the stock Step by Step Solution
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