If high growths required rate of return is 125 what is


The High Growth company's last dividend was $1.50. The dividend growth rate is expected to be constant at 25% for 3 yrs, after which dividends are expected to grow at a rate of 6% forever. If High Growth's required rate of return is 12.5%, what is company's current stock price? Please show work.

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Financial Management: If high growths required rate of return is 125 what is
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