Question: Answer without using excel Esports Competition Unlimited is a new and rapidly expanding coordinator of esports. They recently paid a dividend, D 0 , of

Answer without using excel

Esports Competition Unlimited is a new and rapidly expanding coordinator of esports. They recently paid a dividend, D₀, of $2.25. It expects to have nonconstant growth of 18% for 3 years followed by a constant rate of 4% thereafter. The firms required return of return is 11%.

Based on this information, what should a share of ECU be selling for today?

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