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Problem:

Calculate the price that you would be willing to pay for a 'non-constant growth' stock that has the following characteristics:

Non-Constant Growth Rate: 22.5% for 3 years,
Constant Growth Rate: 6%,
Last Dividend: $2.25, and
Investor's Required Rate of Return: 11%.

Note: Provide thorough explanation of every question given in the problem.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91174233

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