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A service company grows rapidly, so its dividends are expected to grow at a rate of 5% for the next six years, with the growth
A service company grows rapidly, so its dividends are expected to grow at a rate of 5% for the next six years, with the growth rate thereafter decreasing to 2% in perpetuity. If the return required by investors is 10% and the company has just paid a dividend of 2.80 pesos, what is the current price of the share?
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