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The Growth in Per Share FCFE of FOX, Inc

question 92

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The growth in per share FCFE of FOX, Inc.is expected to be 15% per year for the next three years, followed by a growth rate of 8% per year for two years; after this five-year period, the growth in per share FCFE is expected to be 3% per year, indefinitely.The required rate of return on FOX, Inc.is 13%.Last year's per share FCFE was $1.85.What should the stock sell for today


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