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12 points QUESTION 10 Save Answer Rainbow Industries, Inc. just paid a dividend of $4 per share of common stock. Analysts expect the company's dividend
12 points QUESTION 10 Save Answer Rainbow Industries, Inc. just paid a dividend of $4 per share of common stock. Analysts expect the company's dividend to grow 50% the next two years, and then settle into a constant growth rate of 10%. The required rate of return on the company's stock is 15% QUESTION: What should be the current price of the company's stock? Show all these calculations: D1= D2= D3= P2 = PO
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