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A fast-growing firm recently paid a dividend of $0.60 per share. The dividend is expected to increase at a 25 percent rate for the next four years. Afterwards, a more stable 10 percent growth rate can be assumed.

If an 11.5 percent discount rate is appropriate for this stock, what is its value?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91646599

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