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Stuart Products currently pays a dividend of $2.00 per share and this dividend is expected to grow at a 8% annual rate for 3 years,
Stuart Products currently pays a dividend of $2.00 per share and this dividend is expected to grow at a 8% annual rate for 3 years, then at a 10% rate for the next 3 years, after which it is expected to from at a constant rate of 5% rate forever. What value would you please on the stock if an 18% rate of return were required on the stock
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