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Your firm just paid a $1.75 dividend per share. Dividends are expected to grow by 6% for three years before leveling off to a constant
Your firm just paid a $1.75 dividend per share. Dividends are expected to grow by 6% for three years before leveling off to a constant growth rate of 3%. Investors require a 9% return on their investment. How much should you pay for the stock today?
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