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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

Posted: Wed Apr 06, 2022 9:07 am
by answerhappygod
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?