Transcribed image text: bond prices Rlashcards Quilet C Meet inberest Rates And C Band Prices and lietert R A fast-growing firm recently paid a dividend of $065 per share The dividend is expected to increase at a 10 percent rate foe the next three years. Afterwards, a more stable 5 percent growth rate can be assumed If a 6 percent discount rate is appropriate for this stock, what is its value today? (Do not round intermediate calculations. Round your answer to 2 decimal places < prev="" 20124="" next=""> 40

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