What is the expected dividend to be paid in the first 3 years if yesterday's...
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What is the expected dividend to be paid in the first 3 years if yesterday's dividend was $6.00 (D0), dividends are expected to grow at 20% in year 1, 10% in year 2 and after that its growth is at a constant growth rate 6%? What will be the current market price? Assume the firm has a 12% expected return?
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