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A) Dividends are expected to grow at 25% a year for the next 10 years followed by perpetual growth rate of 6% a year
A) Dividends are expected to grow at 25% a year for the next 10 years followed by perpetual growth rate of 6% a year forever. If the required return is 15% and the company has just paid $5/share dividend. Find the current stock price
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