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Required if the required return is 14 percent what is the

HOMES Cop, just paid a dividend of $1.45 per share. The dividends are expected to grow at 35 percent for the next 9 years and then level off to a 7 percent growth rate indefinitely.

Required: If the required return is 14 percent, what is the price of the stock today?

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Finance Basics: Required if the required return is 14 percent what is the

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