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Mathematics, 30.07.2019 21:30 smartypants02

Could i industries just paid a dividend of s1.8 per share. the dividends are expected to grow at a 16 percent rate for the next 4 years and then level off to a 4 percent growth rate indefinitely. if the required return is 14 percent, what is the value of the stock today? (round your answer to 2 decimal places. omit the "s" sign in your response.) price

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