A stock just paid a dividend of $3.00 per share. The dividend is expected to...
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A stock just paid a dividend of $3.00 per share. The dividend is expected to grow at 20.00% for two years and then grow at 4.00% thereafter. If the required return on the stock is 13.00%, then the equilibrium market price of the stock is $ 1) 48.04 2) 41.76 03) 50.57 4) 43.99 5) 45.66
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