question archive The Highfield Company’s dividend is expected to grow at 20% for thenext twoyears

The Highfield Company’s dividend is expected to grow at 20% for thenext twoyears

Subject:FinancePrice: Bought3

The Highfield Company’s dividend is expected to grow at 20% for thenext twoyears.After that, the growth is expected to be 5% indefinitely.The required returnis 10%.The dividend just paid was $2. What is the value of this stock?

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