According to dividend-discount model

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Assume Gillette Corporation will pay an annual dividend of $ 0.68$0.68 one year from now. Analysts expect this dividend to grow at 12.2 %12.2% per year thereafter until the 44th year.? Thereafter, growth will level off at 1.9 % 1.9% per year. According to the? dividend-discount model, what is the value of a share of Gillette stock if the? firm's equity cost of capital is 8.3 % 8.3%??

I know the formulas to use Present Value for years 1-4 and then the present value of the 4th year. The example I'm walking through and my work on it are not adding up.

Reference no: EM131531493

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