It is expected that the growth rate for first 2 years is 2


A company's required rate of return is 4%. The current dividend payment is $2.00. It is expected that the growth rate for first 2 years is 2%, and year 3 onwards has no growth. What is the price of the company's share today?

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Accounting Basics: It is expected that the growth rate for first 2 years is 2
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