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The XYZ Company paid $1.75 dividend yesterday. Its dividend growth rate is expected to be constant at 19.90% for 2 years, after which dividends are
The XYZ Company paid $1.75 dividend yesterday. Its dividend growth rate is expected to be constant at 19.90% for 2 years, after which dividends are expected to grow at a rate of 7.15% forever. Its required return (rs) is 11.20%. What is the best estimate of the current stock price?
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