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Co.'s stock has a required rate of return of 18%, and it sells for $48.0 per share. Co.'s dividend is expected to grow at a
Co.'s stock has a required rate of return of 18%, and it sells for $48.0 per share. Co.'s dividend is expected to grow at a constant rate of 3.00%. What is the terminal value of the stock at the end of the year 3? Explain your
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