Based on your knowledge of how to value securities

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Reference no: EM131062994

An attorney from Indianapolis has recently contacted you for help in determining the value of one of his client’s portfolios of securities. The client has the following in her stock portfolio:

a) 1000 shares of Crean, Inc. common stock. Crean just paid a dividend of $1.25. The required return on the stock is 10%. The dividends for the stock are expected to grow at the following rates: years 1-2: 20% years 3-5: 8% years 6+: 4%

Based on your knowledge of how to value securities, what is the value?

Reference no: EM131062994

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