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What would be the expected price of a stock when dividends from now are expected to grow at a 25% rate for three years, then
What would be the expected price of a stock when dividends from now are expected to grow at a 25% rate for three years, then grow at a constant rate of 5%, if the stock's required return is 13% and next year's dividend will be $4.00? a. $60.74 b. $68.64 c. $73.56 d. $78.13
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