What is the stockrsquos intrinsic value if g 20 for 3 years
What is the stock’s intrinsic value if g= 20% for 3 years before achieving long-term growth of 5%. Its required rate of return is 10%. Last dividend was $2. What is its terminal price?
a $.58.95. b. $ 64.82. c. $72.58. d. $68.77.
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