MCQOPTIONS
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				| 1. | 
                                    The third step in calculating value of stock with non-constant growth rate is to find | 
                            
| A. | p.v of expected dividends | 
| B. | f.v of expected dividends | 
| C. | p.v of intrinsic rate | 
| D. | f.v of intrinsic rate | 
| Answer» B. f.v of expected dividends | |