Question: Please use excel to answer 16. Future Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three

Please use excel to answerPlease use excel to answer 16. Future Corp. is growing quickly. Dividends

16. Future Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 14 percent and the company just paid a $2.50 dividend, what is the present value of the stock

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