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The Highfield Companys dividend is expected to grow at 20% for the next two year s. After that , the growth is expected to be

The Highfield Companys dividend is expectedto grow at 20% for thenext twoyears.After that, the growth is expected to be 5% indefinitely.The required returnis 10%.

The dividend just paid was $2. What is the value of this stock?

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