Question: Develop a current stock value for a firm that is expected to have extraordinary growth of 25% for 4 years, after which it will face
Develop a current stock value for a firm that is expected to have extraordinary growth of 25% for 4 years, after which it will face more competition and slip into a constant-growth rate of 5%. Its required rate of return is 14% and the most recent dividend was $4. Show your work.
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