The Duo Growth Company just paid a dividend of $1.00 per share. The dividend is...
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Finance
The Duo Growth Company just paid a dividend of $1.00 per share. The dividend is expected to grow at a rate of 20% per year for the next three years and then to level off to 5% per year forever. You think the appropriate market capitalization rate is 15% per year. a. What is your estimate of the intrinsic value of a share of the stock
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