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What would be the approximate expected price of a stock when dividends are expected to grow at a 25% rate for 3 years then grow at a constant rate of 5% if the stocks required return is 13% and

What would be the approximate expected price of a stock when dividends are expected to grow at a 25% rate for 3 years, then grow at a constant rate of 5%, if the stock's required return is 13% and next year's dividend (D1) will be $4.00?

 

 

May 13 2020 View more View Less

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