mount hutt ltd just paid dividend of 220 per, Financial Management

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mount hutt ltd just paid dividend of 220 per

Mount Hutt Ltd. just paid dividend of $2.20 per share. The dividends are expected to grow at a constant rate of 4% per year, indefinitely. If investors require an 11% return on Mount Hutt shares, what is the current price? What will the price be in three years? In fifteen years?

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Financial Management: mount hutt ltd just paid dividend of 220 per

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