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Problem needs to be done in Excel! If you could post formulas used it'd be much appreciated! Thank you, I will leave feedback! Sugar Land

Problem needs to be done in Excel! If you could post formulas used it'd be much appreciated! Thank you, I will leave feedback! image text in transcribed
Sugar Land Co. is a fast growing firm and no dividend will be paid on the stock over the next 9 years. The company then will pay a $15 dividend per share in year 10 and will increase the dividend by 6 percent forever. If the required rate of return for this stockis 12 %, what should be the intrinsic value of Sugar Land Co

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