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S) Datasecure Inc. has hit upon a new idea for security of infomation on he intemet As a result, its annual dividends are expected to

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S) Datasecure Inc. has hit upon a new idea for security of infomation on he intemet As a result, its annual dividends are expected to increase at a constant rate of 7% per year indefinitely. It paid a dividend of $5 just yesterday. The required rate of return on Datasecure's stock is 13% per year. What is the price of Datasecure's stock today? a) b) c) What is the expected price of Datasecure's stock one year from today? What would be the price of Datasecure's stock today if it were a supernormal growth stock with a dividend growth rate of 18% for the first two years, then a constant growth rate of 7% indefinitely? Assume that the required rate of return on the stock is still 13% per year

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