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QUESTION 23 5 points Save An Omni Consumer Products just paid a dividend of 1.73 and anticipates a short term growth rate of 15% for
QUESTION 23 5 points Save An Omni Consumer Products just paid a dividend of 1.73 and anticipates a short term growth rate of 15% for year 1 and for year 2 (dividends 1 and 2). Assuming that after year 2, Omni's contract with the City of Detroit will give it a constant growth rate of 3%, what is the fair-value of a share if the required return is 12%? Answer to two decimal places and no $ sign
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