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Business, 21.04.2020 15:47 twistedhyperboles

Consider the following information:•The firm’s dividends are expected to grow at g = 20% until t = 3 yrs.•At the start of year four, growth slows to gs= 5%. •The stock just paid a dividend Div0 = $1.00•Assume a market capitalization rate of k = 12% •What is the intrinsic value of this stock?

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