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The Highfield Company is going through a five-year of fast growth at 20% initially, and then it will grow at a perpetual rate of 4%.

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The Highfield Company is going through a five-year of fast growth at 20% initially, and then it will grow at a perpetual rate of 4%. The required rate of return is 10% and it just paid a dividend of $2. What is the stock price today? 43.88 86.26 O 66.64 31.5

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