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Nbspif high growths required rate of return is 13 what is

The High Growth Company's last dividend was $1.50. The dividend growth rate is expected to be constant at 30% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If High Growth's required rate of return is 13%, what is the company's current stock price?

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Managerial Accounting: Nbspif high growths required rate of return is 13 what is

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