Question: 2 points You are evaluating a stock that is expected to experience supernormal growth in dividends of 14% over the next two years. Following this

2 points You are evaluating a stock that is expected to

2 points You are evaluating a stock that is expected to experience supernormal growth in dividends of 14% over the next two years. Following this period, dividends are expected to grow at a constant rat 3%. The stock paid a dividend of $3 last year and the required return on the stock is 14%. What is the fair present value of this stock? Activate Window Gete Setu nos o activa

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