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Suppose you have a stock that just paid a dividend of $3 which grows at 0.05 a year for 4 years and they grows for
Suppose you have a stock that just paid a dividend of $3 which grows at 0.05 a year for 4 years and they grows for 0.03 after that. What is the price of the stock assuming a stock return of 0.12 per year?
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