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Business, 18.03.2021 01:20 cheesecake1919

A fast growing firm recently paid a dividend of $0.80 per share. The dividend is expected to increase at a rate of 30 percent rate for the next four years. Afterwards, a more stable 7 percent growth rate can be assumed. If a 10 percent discount rate is appropriate for this stock, what is its value

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A fast growing firm recently paid a dividend of $0.80 per share. The dividend is expected to increas...
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