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A company paid dividends of 12 cents per share this year.For the next five years, the company expects to increase their dividend by 20% per
A company paid dividends of 12 cents per share this year.For the next five years, the company expects to increase their dividend by 20% per year.After that, they expect dividends to grow at 4% per year.If interest rates are 9%, what is the price of this stock?
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