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Goodfellas Personal Finance just paid a dividend of $20. Its dividends are expected to grow at a 50% annual rate for each of the next two years, and then settle down to a steady state 6% into the foreseeable future. If investors require a 15% rate of return, what should a share of Gooodfellas’ stock sell for? Top Answer

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Goodfellas Personal Finance just paid a dividend of $20. Its dividends are

expected to grow at a 50% annual rate for each of the next two years, and then settle down to a steady state 6% into the foreseeable future. If investors require a 15% rate of return, what should a share of Gooodfellas’ stock sell for?

Top Answer

 
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