Question: 2 points Stew You are evaluating a stock that is expected to experience supernormal growth in dividends of 10% over the next two years. Following

2 points Stew You are evaluating a stock that is expected to experience supernormal growth in dividends of 10% over the next two years. Following this period, dividends are expected to grow ma constant rate of 3%. The stock paid a dividend of $3 last year and the required return on the stock is 13% What is the fair present value of this stock

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