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5. [Ch 9] Primanti Brothers' last dividend was $1.50. The dividend growth rate is expected to be constant at 20% for 3 years, after which
5. [Ch 9] Primanti Brothers' last dividend was $1.50. The dividend growth rate is expected to be constant at 20% for 3 years, after which dividends are expected to grow at a rate of 5% forever. If the firm's required return (rs) is 10%, what is its current (expected) stock price? [Note: A timeline will be very helpful here!]
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