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Suppose a firm has a current dividend of D 0 = $5, which is expected to be at the rate g1 -10 % for T
Suppose a firm has a current dividend of D 0 = $5, which is expected to be at the rate g1 -10 % for T 55 years and thereafter grow at the rate 92 = 4 %. With a discount rate of k = 10 %, what is the value of the stock
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