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Zebra is a new firm in a rapidly growing industry. the mpany is planning on increasing its annual dividend by O.12 a year for the

Zebra is a new firm in a rapidly growing industry. the mpany is planning on increasing its annual dividend by O.12 a year for the next 3 years and then decreasing the growth rate to 0.04 per year. the company just paid its annual dividend in the amount of 1 per share. What is the curent value of one share of this stock if the required rate "of return is 0.16 what is the price of the stock

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