Question: please explain it with every step thanks 8. An analyst has estimated the following growth potential for Giant Industries Now to end of year 3

 please explain it with every step thanks 8. An analyst has

please explain it with every step thanks

8. An analyst has estimated the following growth potential for Giant Industries Now to end of year 3 Years 4 and 5 Year 6 and beyond 25% per year 20% per year 10% per year The current EPS is $1.60 and shareholders demand a 12% return. Assuming that ROE will remain constant at 30% per year, calculate the value of this stock

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