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What would be the approximate expected price

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Question - What would be the approximate expected price of XYZ's stock when dividends are expected to grow at a 20% rate in each of years 2 and year 3, and after year 3 it grows at a constant rate of 4% if the stock's required return is 10% and next year's dividend will he £4.00?

Reference no: EM133186337

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