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Suppose a firm is expected to increase dividends 20% in one year and by 15% in 2 years. After that the dividends will increase at

Suppose a firm is expected to increase dividends 20% in one year and by 15% in 2 years. After that the dividends will increase at a rate of 5% per year. If the last dividend was $1 and the required return rate is 20% what is the price of the stock

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