Bio-genetic incorporated just paid a dividend of 5 the, Financial Management

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Bio-genetic incorporated just paid a dividend of 5 the

Bio-Genetic Incorporated just paid a dividend of $5. The dividend is expected to grow at a 30% rate for the next 3 years and at a 10% rate thereafter. What is the value of the stock if the required rate of return is 20%? (Please explain the calculation.)

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Financial Management: Bio-genetic incorporated just paid a dividend of 5 the

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Financial Management: Bio-genetic incorporated just paid a dividend of 5 the

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