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(8 marks) Big Data Corp. is experiencing rapid growth. Dividends are expected to grow at 30% per year for the next three years, 20% the

  1. (8 marks)

Big Data Corp. is experiencing rapid growth. Dividends are expected to grow at 30% per year for the next three years, 20% the following year, and then 6% per year indefinitely. If the required return is 15%, and the company just paid a $3.00 dividend, what is the current share price?

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