A stock just paid an annual dividend of $ 2 . 7 . The dividend is expected
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A stock just paid an annual dividend of $ The dividend is expected to grow by per year for the next years. The growth rate of dividends will then fall steadily linearly from after years to in year The required rate of return is
In years, the PE ratio is expected to be and the payout ratio to be What is the value of the stock when using the PE ratio?
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