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Klean Technologies Corporation's dividend is expected to grow at a rate of 15% per year in the next three years. Then, the expected grow declines to 5% in the following years.

If the company just paid a dividend of $0.7, the required return of the stock is 9%, what is Klean's stock worth today?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92803911

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