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3. Biotechnica Inc. is experiencing rapid growth. Analysts forecast a growth of 10% for the next 3 years, followed by 3% growth in perpetuity thereafter.
3. Biotechnica Inc. is experiencing rapid growth. Analysts forecast a growth of 10% for the next 3 years, followed by 3% growth in perpetuity thereafter. The company has just paid a dividend of $2.50, and the required return is 13%. Calculate the current value per share
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