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Umbrella Corporation has just delivered a new vaccine and anticipates a short term growth rate of 32% for years 1 and 2 (dividends 1 and

Umbrella Corporation has just delivered a new vaccine and anticipates a short term growth rate of 32% for years 1 and 2 (dividends 1 and 2) at which time demand for Project Alice should result in a constant growth rate of 4.2%. Investors demand a return of 12.4% and the last dividend paid was $2.46. What is the fair-market value of a share of Umbrella Corp.?

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