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Tweeter is a non-constant growth stock with an expected dividend of $2 a year from now. Dividends for Tweeter are expected to grow 30% in
Tweeter is a non-constant growth stock with an expected dividend of $2 a year from now. Dividends for Tweeter are expected to grow 30% in year 2, 20% in year 3 followed by a constant growth rate of 10% beyond year 3 (year 4 and beyond). What is Tweeter's stock value today if the stock's required return is 15%?
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