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The Bell Weather Company is a new firm in a rapidly growing industry. The company is planning on increasing it annual dividend by 1 6

The Bell Weather Company is a new firm in a rapidly growing industry. The company is planning on increasing it annual dividend by 16 percent a year for the next four years and then decreasing its growth rate to 4 percebt per year. The conpany just paid its annual dividend in the amount of $2.30 per share. What is the current balue of one stock of this stock if required rate of return is 7.80 percent ?

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