Soviet motors co just paid a dividend of 20 per share the


Soviet Motors Co. just paid a dividend of $2.0 per share. The dividends are expected to grow at a rate of 25% for the next two years, with the growth rate falling off to a constant 7 percent thereafter. If you require a 16% return on your investment, what is the current share price for the Soviet Motor stock? Also, if I can get the explanation on how to do it on the financial calculator that will be great.

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Financial Management: Soviet motors co just paid a dividend of 20 per share the
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