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45. Anton, Inc., just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of
45. Anton, Inc., just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4.1 percent per year, indefinitely. Assume investors require a return of 10.2 percent on this stock. Requirement 1: What is the current price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Current price Requirement 2: What will the price be in 3 years and in 15 years? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) 3 years 15 years
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