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Consider a 2 stage dividend growth model. in the first stage dividend grows at 10% per...

Consider a 2 stage dividend growth model. in the first stage dividend grows at 10% per year for 4 years. in the second stage starting year 5, dividend grows at the rate of 6% for ever. assuming D1= $4 and k=15%, find the fair value of the stock.

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jeff jeffy answered 1 year ago
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