ABC Corp.has just paid an annual dividend of $0.50 per share.Dividends are expected to grow at 15% for each of the next 8 years,at 10% for the 2 years after that,and at 3% thereafter.If the appropriate discount rate is 10%,what is the intrinsic value of the stock?

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The Answer of ABC Corp.has just paid an annual dividend of $0.50 per share.Dividends are expected to grow at 15% for each of the next 8 years,at 10% for the 2 years after that,and at 3% thereafter.If the appropriate discount rate is 10%,what is the intrinsic value of the stock?

ABC CorpHas Just Paid an Annual Dividend of $0