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Question 4 : A firm can grow at a high rate of 9% for the...

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Finance

Question 4 : A firm can grow at a high rate of 9% for the next 5-years; and hence its dividends. The dividend growth rate falls gradually over next 3 years and reaches 4%.It has an expected long-run constant dividend growth rate of 4%, and the most recent dividend D0, was $2.50. The required rate of return on the stock is 11%. Calculate the current price of the stock using the H-Model

Please use excel to answer

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