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1) Plants plc has just paid a dividend of 0.1. The dividend is expected to grow at 25% annually for the next 5 years and

1) Plants plc has just paid a dividend of 0.1. The dividend is expected to grow at 25% annually for the next 5 years and remain constant afterward. If the required rate of return is 10%, what is the current share price of this company?

2) Plants plc has just paid a dividend of 0.1. The dividend is expected to grow at 25% annually for the next 5 years and grow at 7% afterward. If the required rate of return is 10%, what is the current share price of this company?

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