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Business, 26.12.2019 04:31 bosskid361

Tattletale news corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years. the last dividend paid was $7. the discount rate is 15% and the steady growth rate after 3 years is 2%.

a. what is the capital gain in stock price from year 0 to year 1?

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