Its dividend growth rate is expected to be constant at 15


The Okra corporation last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 10% forever. Okra's required rate of return is 12%. What is Okra's horizon or terminal value?

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Finance Basics: Its dividend growth rate is expected to be constant at 15
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