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Print Cards Inc. is currently paying dividends (D 0 ) of $1.00 per share. These dividends are expected to grow at a 10 percent rate

Print Cards Inc. is currently paying dividends (D0) of $1.00 per share. These dividends are expected to grow at a 10 percent rate for the next two years and at a 2 percent rate thereafter. What is the value of the stock if the appropriate discount rate is 12 percent?

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