What is the value of the stock today

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Reference no: EM131302312

Could I Industries just paid a dividend of $1.52 per share. The dividends are expected to grow at a 16 percent rate for the next 5 years and then level off to a 5 percent growth rate indefinitely. If the required return is 14 percent, what is the value of the stock today?

Reference no: EM131302312

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