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A stock just paid a dividend of $ 2 per share. It expects the dividend to grow by 1 0 % for the next two

A stock just paid a dividend of $2 per share. It expects the dividend to grow by 10% for the next two years, 5% for the next two years and 3% after that forever. If your required rate of return is 16%, What is the price of the stock today? (10 min)
Question 3 options:
21.52
18.47
19.55
18.25

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