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please solve with excel ZZ's Tops Inc. just paid out a dividend of $1.03. The dividend is expected to grow for 7 years at a
please solve with excel
ZZ's Tops Inc. just paid out a dividend of $1.03. The dividend is expected to grow for 7 years at a rate of 19%, after which it will slow down to a constant growth of 8.8% starting in year 8. The required return for this stock is 15.4%. What is the expected stock price today? $35.59 O $52.82 $18.36 $47.10 O $29.22Step by Step Solution
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