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Amon Inc just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4.1%
Amon Inc just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4.1% per year, indefinitely. If investors expect a 10.2% return on this stock . . . What is the current price? What will the price be in 3 years? What will the price be in 15 years?
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