Question: TTTT ET- Question 18 5 points (Extra Credit) Save Answ The Face Time Corporation is experiencing a period of rapid growth. Earnings and dividends are

 TTTT ET- Question 18 5 points (Extra Credit) Save Answ The
Face Time Corporation is experiencing a period of rapid growth. Earnings and

TTTT ET- Question 18 5 points (Extra Credit) Save Answ The Face Time Corporation is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 12 percent during the next three years and at a constant rate of 7 percent thereafter, FaceTime's previous dividend was $1.00 and the required rate of return on the stock is 15 percent. Calculate the value of the stock today

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