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Suppose a firm is expected to grow its dividends by 5% for 3 years. After that, dividends will grow at a rate of 2% per

Suppose a firm is expected to grow its dividends by 5% for 3 years. After that, dividends will grow at a rate of 2% per year forever. If the last dividend (already paid out) was $10 and the required return is 10%, what is the price of the stock

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