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Anderson Company's last dividend was $2. The dividend growth rate is expected to be 10% for the next two years (Year 1 to Year 2),
Anderson Company's last dividend was $2. The dividend growth rate is expected to be 10% for the next two years (Year 1 to Year 2), after which dividends are expected to grow at a constant rate of 5% forever. If the firm's required return is 25%, what is its current stock price?
Group of answer choices
9.89
7.36
8.59
10.75
plz answer quickly
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