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A company currently pays a dividend of $ 2 . 0 0 per share ( i . e . , D 0 = $ 2
A company currently pays a dividend of $ per share ie D$ It is estimated that company's dividend will grow at a rate of per year for the next three years, and the the dividend will grow at a constant rate of thereafter. The company's stock has a beta of the riskfree rate is and the market return is What is your estimate of the company's current stock price, P
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