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12. Non-Constant Dividends (LO1) Chamberlain Corporation is expected to pay the following dividends over the next four years: $12, $8, $7, and $2.50 Afterward, the

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12. Non-Constant Dividends (LO1) Chamberlain Corporation is expected to pay the following dividends over the next four years: $12, $8, $7, and $2.50 Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever If the required return on the stock is 12 percent, what is the current share price? 12 c

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