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Your company has a required rate of return 7%. The company has completed a new project that is expected to grow dividends at a rate
Your company has a required rate of return 7%. The company has completed a new project that is expected to grow dividends at a rate of 50% the first year and 25% the following year, after which growth should be at a constant rate of 6%. The last dividend paid was $1.00. What is the value per share of your firms stock?
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