Question: I bought a common stock whose current dividend is $ 0 . 1 5 per share. Over the next two years, earnings and dividends are

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 I require a 10 percent rate of return?b) How much can I expect to sell the stock for in 2 years?

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