Question: PLEASE ONLY ANSWER IF YOU KNOW HOW TO SOLVE WILL THUMBS UP THANKS! A stock just paid a dividend of $2.68. The dividend is expected
A stock just paid a dividend of $2.68. The dividend is expected to grow at 21.05% for five years and then grow at 4.20% thereafter. The required return on the stock is 13.95%. What is the value of the stock?
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