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QUESTION 4 Growing Real Fast t3otnpan3ar {GEF} is expected to have a 25 percent growth rate for the next four years (affecting Ill, DZ, D3.

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QUESTION 4 Growing Real Fast t3otnpan3ar {GEF} is expected to have a 25 percent growth rate for the next four years (affecting Ill, DZ, D3. and 04]. Beginning in year five. the growth rate is expected to drop to 3.1 percent per year and last indenitely: If GR]? just paid a $3.00 dividend and the appropriate discount rate is 14.3 percent, then what is the value of a share of GRF? Enter your answer to two decimal places. Calculate the price of a 10-year $50,000 "junk" bond that pays a coupon rate of

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