Patimas Computers is currently paying dividends of $0.50 a share. These dividends are expected to grow at

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Patimas Computers is currently paying dividends of $0.50 a share. These dividends are expected to grow at a rate of 20% for the next two years and at a constant growth rate of 3% thereafter. What would be the current price of Patimas Computers shares given a required return of 15%?

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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