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Stark Industries is expected to pay a dividend of $1.20 over the coming year. The dividend is expected to grow at 20% a year for
Stark Industries is expected to pay a dividend of $1.20 over the coming year. The dividend is expected to grow at 20% a year for the following two years. For ever year after Year 3, the dividend is expected to grow at 5% a year. The required return for Stark is 12%. What is its intrinsic value?
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