You are considering investing in a rapidly growning firm. Yesterday, it paid a $ 1 . 7
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Question:
You are considering investing in a rapidly growning firm. Yesterday, it paid a $ dividend, and you expect its dividends to grow at for the next five years. Beyond that, you estimate dividends will grow at a constant per year, and your required return is What is the most you would be willing to pay for the stock? Do not round intermediated calculations.
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