What would the stock sell for today if dividend was expected, Financial Accounting

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What would the stock sell for today if dividend was expected

Problem

More Dividend Growth and Stock Valuation. From above problem which cash dividend of $2 per share was paid, what would the stock sell for today if the dividend was expected to grow at 20 percent per year for the next three years and then settle down to 8 percent per year, indefinitely?

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Financial Accounting: What would the stock sell for today if dividend was expected

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Financial Accounting: What would the stock sell for today if dividend was expected

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