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Business, 24.02.2021 17:20 qdogisbeast6132
A fast-growing firm recently paid a dividend of $0.35 per share. The dividend is expected to increase at a 20 percent rate for the next 3 years. Afterward, a more stable 12 percent growth rate can be assumed. If a 13 percent discount rate is appropriate for this stock, what is its value?
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A fast-growing firm recently paid a dividend of $0.35 per share.
The dividend is expected to increa...
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