Question: You are evaluating a stock that you are considering purchasing. The company paid a dividend of $ . 6 0 per year and the most

You are evaluating a stock that you are considering purchasing. The company paid a dividend of $.60 per year and the most recent year. You anticipate that the dividend will grow at a rate of 18% for the next four years. After which it is expected to grow at a concentration of 6%. He required return is 12%. What is the maximum price you should pay for the

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