What is stock fair value

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Reference no: EM132831256

Problem 1: Let's say a stock is now sold out in stock exchange for $24 per share. It has a dividend of $2 yearly which is growing at constant growth of 3%. You plan it sell it in two years the piece of stock is expected to grow up to $ 25 while the discount rate is 11%. What is stock fair value?

Reference no: EM132831256

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