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Seinfeld Industries stock most recent dividend was $1.25 paid at the end of last year. The dividend is expected to grow by 20% for each
Seinfeld Industries stock most recent dividend was $1.25 paid at the end of last year. The dividend is expected to grow by 20% for each of the next two years, and then at a constant rate of 7% per year, thereafter. The stock has a required return of 10%. What is the value of this stock today?
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