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Susan Corp is paying dividends of $1.92 at t = 1 which will then grow at rate of 10% between t = 1 and t
Susan Corp is paying dividends of $1.92 at t = 1 which will then grow at rate of 10% between t = 1 and t = 2 and thereafter grow at the rate of 4% into the foreseeable future. What should be the price of Susan, to the nearest cent, if investors use 7%? to discount the risky cash flows?
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