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AmeriTrade Company just paid a dividend of $2.40 on its stock. The growth rate in dividends is expected to be a constant 4 percent per

AmeriTrade Company just paid a dividend of $2.40 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require a return of 15 percent on the stock for the first year and then a return of 10 percent thereafter. What is the current share price for the stock?

$37.83

$39.79

$41.26

$43.17

$45.62

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