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The Franklin Company pays a dividend of $1.52 at t = 1.and proceeds to have a growth of 10 between year 1 and 2, and

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The Franklin Company pays a dividend of $1.52 at t = 1.and proceeds to have a growth of 10 between year 1 and 2, and only after year 2 does the growth rate become a constant 4 and remain so into the future. Financial analysts think the Franklin Company should have a required return of 7 percent. What should be its stock price

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