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8. Nonconstant growth stock As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconI am not sure if the ones I have done are right.

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B3 : x V fix =+B2*1.04 E F G 1 1 c o PVIF @ 14% Present value 0.877 $ 1.77 CAPM required rate 2 Dividend 1 year from now (D1)

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