Compute maximum price for a non-constant growth stock


What is the maximum price that you would be willing to pay for a non-constant growth stock that has the following characteristics: (a) Non-Constant Growth Rate: 20%, (b) Constant Growth Rate: 5%, (c) Dividend (Will Pay): $4.50, and (d) Required Rate of Return: 12%.

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Finance Basics: Compute maximum price for a non-constant growth stock
Reference No:- TGS024596

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