Question: #5 I bought a common stock whose current dividend is $0.15 per share. Over the next two years, earnings and dividends are expected to grow

#5 I bought a common stock whose current dividend is $0.15

#5 I bought a common stock whose current dividend is $0.15 per share. Over the next two years, earnings and dividends are expected to grow at an annual rate of 14 percent per year, and then slow to a rate of 8 percent thereafter. What is the value per share of the firm's common stock if require a 10 percent rate of return

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