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Triton Inc., is expected to grow at a rate of 22 percent for the next five years and then settle to aconstant growth rate of
Triton Inc., is expected to grow at a rate of 22 percent for the next five years and then settle to aconstant growth rate of 6 percent. The company recently paid a dividend of $2.35. The requiredrate of return is 15 percent.
What is the value of the stock at the end of year 5?
65.23 |
45.67 |
37.19 |
23.89 |
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