Question: please show excel work Non constant dividend growth model: Compute the value of a share of common stock of Lexi's Cookie Company whose most recent
Non constant dividend growth model: Compute the value of a share of common stock of Lexi's Cookie Company whose most recent dividend was $2.50 and is expected to grow at 9 percent per year for the next 5 years, after which the dividend growth rate will decrease to 3 percent per year indefinitely. Assume 8 percent required rate of return. (Work with Excel and copy your clean answer here)
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