News Corp is expected to pay a dividend of $0.8 in one year. The dividend...
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News Corp is expected to pay a dividend of $0.8 in one year. The dividend is expected to grow at 12% in the following 3 years and then at a constant rate of 4% per annum indefinitely. If the required rate of return is 12%, what is the price of the companys share today? Please illustrate your answer using a timeline.
please write the timeline clearly
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