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You wish to demonstrate how common stock is valued, including: a. a formula that can be used to value any common stock regardless of its
You wish to demonstrate how common stock is valued, including:
a. a formula that can be used to value any common stock regardless of its dividend pattern
b. an example of constant growth stocks and how they might be valued
c. what happens if a company experiences constant growth that exceeds its required return in the short-term (say, 3 years) and the long-term (say, forever)
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