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Roller Inc. has just paid an annual dividend of $0.62. Analysts expect dividends to grow by 8% per year for the next 6 years, and
Roller Inc. has just paid an annual dividend of $0.62. Analysts expect dividends to grow by 8% per year for the next 6 years, and then by 2.5% per year thereafter. The company has a required return of 12%.
What is the value of the stock now?
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