Question: : Suppose a firm is expected to increase dividends by 15% in one year and by 10% in two years. After that, dividends will increase

: Suppose a firm is expected to increase dividends by 15%

: Suppose a firm is expected to increase dividends by 15% in one year and by 10% in two years. After that, dividends will increase at a rate of 5% per year indefinitely. If the last dividend was $1 and the required return is 10%, what is the price of the stock

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