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Wildhorse Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent over the next two years and then
Wildhorse Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent over the next two years and then to slow to a growth rate of 13 percent for the following three years. If the last dividend paid by the company was $2.15.
It then aasks for D1 through D5.
Then asks for Compute the present value of these dividends if the required rate of return is 14 percent. (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)
I need help with the last part. The PV
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