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A company currently pays a dividend of $2.73 per share (i.e. D0). The company grows during 2 periods at 11.3%, after which it settles to
A company currently pays a dividend of $2.73 per share (i.e. D0). The company grows during 2 periods at 11.3%, after which it settles to grow at 3.3%. The shareholders' required return is 14.3%. What is your estimate of the stock's current price? (answer positive number with two decimals and no dollar sign nor period)
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