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(Supernormal growth model) Crocket Paintball Company has a current dividend of $1.00. The dividend is expected to grow at 40% annually for three years and

(Supernormal growth model) Crocket Paintball Company has a current dividend of $1.00. The dividend is expected to grow at 40% annually for three years and then to grow thereafter at 5% per year. If the required return is 14%, what is the value per share?

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