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t amiual dividend of sstock J20. Danny's required rate of return for this stock is P8.10 Larry, Moe, and Curley are brothers.They're all serious investo

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t amiual dividend of sstock J20. Danny's required rate of return for this stock is P8.10 Larry, Moe, and Curley are brothers.They're all serious investo approach to valuing stocks. Larry, the oldest, likes to use a 1-year holding period rs, but each has a different mon shares. Moe, the middle brother, likes to use multiyear holding perionds to value erotivear holding periods. Curley, the Curley, the youngest of the three, prefers the dividend valuation model. As it turns out, right now, all three of them are looking at the same stock-American Home Care Products, Inc. (AHCP). The company has been listed on the NYSE for over 50 years and is widely regarded as a mature, rock-solid, dividend-paying stock. The brothers have gathered the following information about AHCP's stock: Current dividend (Do)- $2.50/share Expected growth rate(g)-90% Required rate of return (r)-12.0% All of them agree that these variables are appropriate, and they will use them in valuing the stock. Larry and Moe intend to use the D&E approach; Curley is going to use the constant- growth DVM. Larry will use a estimates that with a 9% growth rate, the price of the stock will increase to $98.80 by the end of the year. Moe will use a 3-year holding period; with the same 9 by the end of his investment horizon. Curley will use the constant-growth DVM, so his holding period isn't needed. % gro wth rate, he projects the future price of the stock will be $117.40 a. Use the information provided above to value the stocks first for Larry, then for Moe, and then for Curley b. Comment on your findings. Which approach seems to make the most sense

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