corinth corp stock pays a dividend of $2.25 per year. and you calculate the cost od equity capital to be 8% with a 2% growth rate. what is the price of the stock? the Cfo of corinth informs you that she intends to cut the ddividend to $2.00 in 3 years and she expects the growth rate to increase to 4%. how would that affect the price of corinth corp stock?
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