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A company currently pays a dividend of $2.89 per share (i.e. Do). The company grows during 2 periods at 11.2%, after which it settles to
A company currently pays a dividend of $2.89 per share (i.e. Do). The company grows during 2 periods at 11.2%, after which it settles to grow at 3.3%. The shareholders' required return is 12%. What is your estimate of the stock's current price? (answer
Marked out of positive number with two decimals and no dollar sign nor period)
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