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Suppose you think the firms EPS will grow at a rate of 0.03 forever. Compute the current value of the stock by using the constant

Suppose you think the firms EPS will grow at a rate of 0.03 forever. Compute the current value of the stock by using the constant growth formula. (assume the required return of 0.070 and that next year you will receive EPS that grew at the 0.03 rate.

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