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The Ilford Tech Co. has just paid a dividend of 1 per share. The dividends are expected to grow at 25% per year for the
The Ilford Tech Co. has just paid a dividend of 1 per share. The dividends are expected to grow at 25% per year for the next three years and at the rate of 5% per year thereafter. If the required rate of return on the stock is 18%, what is the current value of the stock? The Ilford Tech Co. has just paid a dividend of 1 per share. The dividends are expected to grow at 25% per year for the next three years and at the rate of 5% per year thereafter. If the required rate of return on the stock is 18%, what is the current value of the stock? 12.25 15.20 11.93
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