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What would the stock sell for today if the dividend was expected to grow at 20% per year for the next 3 years and then

What would the stock sell for today if the dividend was expected to grow at 20% per year for the next 3 years and then settle down to 8% per year, indefinitely? D0=2$ , R= 16%

a. $36.31

b. $39.67

c. $48.22

d. $52.78

e. $55.25

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