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Problem 5 Stock Valuation - Discounted Dividend Model (10 points) Beyond Company's current dividend D0=$1.25. The dividend growth rate is expected to be 2% for

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Problem 5 Stock Valuation - Discounted Dividend Model (10 points) Beyond Company's current dividend D0=$1.25. The dividend growth rate is expected to be 2% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price? (10 points)

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