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10. Rentz RVs Inc. (RRV) is currently enjoying relatively high growth because of a surge in the demand for recreational vehicles from Covid 19. Management

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10. Rentz RVs Inc. (RRV) is currently enjoying relatively high growth because of a surge in the demand for recreational vehicles from Covid 19. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which high gas prices and the end of Covid will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company's last dividend, Do, was $1.25. RRV's beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? Answer: Current price of stock- $/share Calculation

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