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The last paid dividend was 300 and the expected rate of


A stock is going to exhibit larger growth of 10% in its dividends for the next 4 years and then will settle back to the standard dividend growth rate of 6% when the companys patent runs out. The last paid dividend was $3.00 and the expected rate of return is 16%. What is the value of the stock?

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Finance Basics: The last paid dividend was 300 and the expected rate of
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