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the expected growth rate over the next 2 years just went up to 10%. Their previous dividend (just paid so you missed it was $2.

the expected growth rate over the next 2 years
just went up to 10%. Their previous dividend (just paid so you missed it was $2. Your expectation of their eventual normal growth rate (after the next 2 years of superior growth) is 4%. Your required return is 8%. What
should you be willing to pay for their stock?

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