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Business, 12.03.2021 17:40 efjdjskd

is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17% a year for the next two years and then decreasing the growth rate to 4.5% per year thereafter. The company just paid its annual dividend in the amount of $1.40 per share. What is the current value of one share if the required rate of return is 10.00%

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