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QUESTION 7 The firm's dividends are expected to grow at g = 10% for the future two years. At the start of year three, growth

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QUESTION 7 The firm's dividends are expected to grow at g = 10% for the future two years. At the start of year three, growth changes to g = 6%. The stock just paid a dividend DO = $1.00 Assume the required rate of return = 12% What is the fair price of this stock? (choose the closet number) $16.75 $18.99 52138 O $28,54 515.47

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