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Business, 06.04.2021 02:00 madisongibson714

Assume Gillette Corporation will pay an annual dividend of .65 one year from now. Analysts expect this dividend to grow at 12.% per year thereafter until the th year.​ Thereafter, growth will level off at per year. According to the​ dividend-discount model, what is the value of a share of Gillette stock if the​ firm's equity cost of capital is ​?

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