Tyco Inc plans to pay a dividend of $1.65 next year. After that the firm expects...

Tyco Inc plans to pay a dividend of $1.65 next year. After that the firm expects dividends to grow 3.5% for 3 years, than 6.5% for 4 years, than 12% for three years, and 4% thereafter. The required return is 8% what should the price of the stock be?

If you could show steps and formulas used, that would be great

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jeff jeffy answered 2 months ago

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