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show the steps A stock just paid a dividend of $2.28. The dividend is expected to grow at 23.59% for three years and then grow
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A stock just paid a dividend of $2.28. The dividend is expected to grow at 23.59% for three years and then grow at 3.54% thereafter. The required return on the stock is 14.35%. What is the value of the stock? A stock just paid a dividend of $2.71. The dividend is expected to grow at 28.64% for five years and then grow at 4.99% thereafter. The required return on the stock is 11.25%. What is the value of the stock Step by Step Solution
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