The stock of amber corporation is expected to have dividend, Financial Management

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The stock of amber corporation is expected to have dividend

The stock of Amber Corporation is expected to have dividend growth of 4% over the next 5 years. Following that period, they are expected to continue to grow at the rate of 2.0%. the stock paid a dividend of 5.00$ last year, and the required rate of return on this stock is 12.0%. Calculate the fair market value of the stock.

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Financial Management: The stock of amber corporation is expected to have dividend

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Financial Management: The stock of amber corporation is expected to have dividend

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