Question: please show all the work without using excelthanks Lebron Jason Inc. just paid a dividend (D0) of $3.00/ share. The firm's dividend payment is expected

please show all the work without using excelthanks
please show all the work without using excelthanks Lebron Jason Inc. just

Lebron Jason Inc. just paid a dividend (D0) of $3.00/ share. The firm's dividend payment is expected to undergo fast growth for three years in a row at 85% each year (between t=0 and t=3 ); then the firm's dividend will grow at 40% each year for 2 more years (between t=3 and t=5 ) until it slows down to a permanent growth rate of 4% per year forever. Thanks to the aggressive rate hiking by the Fed, the required rate of return (discount rate) is 15% between t=0 and t=2, but increases to 20% between t=2 and t=4, and further increases to 25% beyond t=4. Based on the dividend discount model, how much should the company's stock (per share) be trading at? (Show all your work for partial credit; If you give me the correct final answer without any steps showing work, you would be assigned a zero)

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