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Stock will pay 6 TL dividends in the next two years. Following this period, the growth rate will be 5% for 2 more years. After
Stock will pay 6 TL dividends in the next two years. Following this period, the growth rate will be 5% for 2 more years. After this, the dividends will be perpetual at 3 TL. If the discount rate is 12%, what would be present value of this stock?
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