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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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