What is terminal value of the stock

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Question - Koman Company's stock just paid a dividend of $3. The company's dividend is expected to grow at a rate of 0.25 this year, 0.11, next year, 0.08 for every year after that. If Koman has a required rate of return of 0.19, what is terminal value of the stock or what is the value of the stock when it first becomes a constant growth stock?

Reference no: EM132594007

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