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Zeta Inc. expects earnings dividends to to grow at an annual rate of 20,15, and 10 percent respectively over the next three years after which
Zeta Inc. expects earnings dividends to to grow at an annual rate of 20,15, and 10 percent respectively over the next three years after which the company settles into a constant growth pattern of 5% per year indefinitely. If current dividend is $2 per share and investors require a 16% annual return on Vega stock, what is a fair price for a share of Vega's stock today? In excel please. thank you.
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