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Salesforce Ltd. has recently paid its annual dividend of $2. The firm is expected to grow at 20% per year for the next three years
Salesforce Ltd. has recently paid its annual dividend of $2. The firm is expected to grow at 20% per year for the next three years due to its leading position in developing mobile application for online purchase of traditional herbs and medication. The firm is expected to grow into the future at a constant rate of 5% per year after enjoying 3 years of high growth. Compute the share value of the firm if the market required rate of return is 15% p.a.
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