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Question 2 Not yet answered Points out of 9.00 Flag question Charlie's Computer Corporation (CCC) is growing rapidly and expects to continue to grow

Question 2 Not yet answered Points out of 9.00 Flag question Charlie's Computer Corporation (CCC) is growing rapidly and expects to continue to grow at 25% per year for the next two years, 10% for the year after and then stabilize to 5% annual growth. CCC doesn't currently pay dividends but expects to pay a $2 per share dividend one year from today. If the appropriate discount rate is 12%, then what is the value of a share of CCC stock? Answer:

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