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- Topic: Is there a way to solve for the problem without iteration?

Author | Topic: Is there a way to solve for the problem without iteration? |
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cfa1310@2015-03-06 11:11:29 |
Given that a firm’s current dividend is $2.00, the forecasted growth is 7% for the next two years and 5% thereafter, and the current value of the firm’s shares is $54.50, what is the required rate of return? |