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urning point company is looking to value its share price under 2 circumstances. Under the normal circumstance investors have a required rate of return of
urning point company is looking to value its share price under circumstances. Under the normal circumstance investors have a required rate of return of the company paid a dividend just now of and is expected to have normal growth of per year. Under the rapid growth circumstance the company will grow at for years, then move immediately to a normal growth of per year into perpetuity. Rate of return remains at What is the value of the stock of turning point under both circumstances
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