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The Edgar Corporation currently (Do) pays a $2 per share dividend. This dividend is expected to grow at a 20 percent annual rate over the
The Edgar Corporation currently (Do) pays a $2 per share dividend. This dividend is expected to grow at a 20 percent annual rate over the next three years and then to grow at a 6 percent per year for the foreseeable future. What would you pay for a share of this stock if you demand a 20 percent rate or return
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