Question: Question 2 2 points Save Aniwer You are evaluating a stock that is expected to experience supernormal growth in dividends of 15% over the next

Question 2 2 points Save Aniwer You are evaluating a stock

Question 2 2 points Save Aniwer You are evaluating a stock that is expected to experience supernormal growth in dividends of 15% over the next two years. Following this period, dividends are expected to grow at a constant rate of 4% The stock paid a dividend of $2 last year and the required return on the stock is 12% What is the fair present value of this stock

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