Question: 8 , 1 4 Supernormal Growth: Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 2 5 percent per year during the

8,14 Supernormal Growth: Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 15 percent over the following year, and then 8 percent per year indefinitely. The required return on this stock is 14 percent, and currently pays dividend of $65 per share. What is the stock value?
8,14 Supernormal Growth: Janicek Corp. is experiencing rapid growth. Dividends are

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