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Annual dividend is 1.7 euros. Dividends grow 0.15 euros each year for the next five years. After the fifth year, growth rate is 6%. Cost

Annual dividend is 1.7 euros.

Dividends grow 0.15 euros each year for the next five years. After the fifth year, growth rate is 6%.

Cost of capital for equity is 8%.

Based on DDM what should the stock price be today?

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