CBC stock is expected to sell for $25 two years from now. Supernormal growth of 5% is expected for the next 2 years. The

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answerhappygod
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CBC stock is expected to sell for $25 two years from now. Supernormal growth of 5% is expected for the next 2 years. The

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CBC stock is expected to sell for $25 two years from now.
Supernormal growth of 5% is expected for the next 2 years. The
current dividend is $1.95 and the required return is 15%. What
constant growth rate is expected beginning in year 3?
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