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Your company just paid a dividend of $260. The growth rate in dividends is expected to be 18 percent per year for the next three
Your company just paid a dividend of $260. The growth rate in dividends is expected to be 18 percent per year for the next three (3) years and then the dividend growth rate is expected to decline to a constant 5 percent thereafter. What is the current value of this stock if the required rate of return is 11 percent
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