Dividends are expected to grow at a 25 rate for the next


Dividends are expected to grow at a 25% rate for the next three years, with the growth rate falling off to a constant 7% thereafter. If the required return is 13% and the company just paid a $2.80 dividend, what is the current share price?

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Financial Management: Dividends are expected to grow at a 25 rate for the next
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