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QUESTION 5 The firm's dividends are expected to grow at g - 5% for the future two years. At the start of year three, growth

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QUESTION 5 The firm's dividends are expected to grow at g - 5% for the future two years. At the start of year three, growth changes to g = 8%. The stock just paid a dividend DO = $1.00 Assume the required rate of return = 10% What is the fair price of this stock? O 51.33 58.33 O 52.33 59.33

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