Louisiana State University, Shreveport FIN FIN 701 XYZ, Inc paid $4.10 dividend last year it is expected to grow at…
XYZ, Inc paid $4.10 dividend last year it is expected to grow at only 5% this year, due to heavy funding needs. After that, growth will increase to 8% per year forever. If owners need to earn 14%, what is the fair value?
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