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10. Ravilean, Corp. will start paying a $10 dividend per share in 3 years and will increase dividend by 5% per year thereafter. Calculate the
10. Ravilean, Corp. will start paying a $10 dividend per share in 3 years and will increase dividend by 5% per year thereafter. Calculate the current price if the required return is 11%. a) What is the current price? b) What is the price at t=1 ? c) What is the price at t=18
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