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Problem 1. BDS Corp.just paid a dividend of 2.75 per share. You expect dividends to grow 15% per year for the next 3 years, 10%

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Problem 1. BDS Corp.just paid a dividend of 2.75 per share. You expect dividends to grow 15% per year for the next 3 years, 10% per year the year after that, and then grow at 4% per forever. (a) If the required return on this stock is 15%, what is the price today? Put your answer here (b) What is the expected price next year? Put your answer here

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