USE EXCEL FORMULA IN ANSWER!!!

C - Suppose that after looking into the company more closely you decide that it is getting close to maturity, and you think that the dividend will only grow at 10% for eight more years. After that, you think it will only grow at 4%. What is your new valuation? Stock Price Dividend Now Growth Rate 1 Growth Rate 2 Rapid Growth Time Required Return Valuation s S 29.53 1.32 4% 8 years