Question: Question 21 2 points You are evaluating a stock that is expected to experience supernormal growth in dividends of 14% over the next two years.
Question 21 2 points You are evaluating a stock that is expected to experience supernormal growth in dividends of 14% 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 letom on the stock is 12%. What is the procent value of this stock Question 21
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