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You client is considering buying shares of an international company whose details are as follows: Beginning FCFE: P40 k = 0.09 Growth rates: Years 1-3
You client is considering buying shares of an international company whose details are as follows: Beginning FCFE: P40 k = 0.09 Growth rates: Years 1-3 9% Years 4-6 Years 7 and beyond 8% 7% Estimate the value of the share using the 3-period dividend growth model.
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