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Question 7 2 points Save Answer You are evaluating a stock that is expected to experience supernormal growth in dividends of 13% over the next

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Question 7 2 points Save Answer You are evaluating a stock that is expected to experience supernormal growth in dividends of 13% over the next two years. Following this period, dividends are expected to grow at a constant rate of 3%. The stock paid a dividend of $3 last year and the required return on the stock is 14% What is the fair present value of this stock? Activate Windows Go to Settings to activate Windows

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