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Anton, Inc., just paid a dividend of $2.95 per share on its stock. The dividends are expected to grow at a constant rate of 5

Anton, Inc., just paid a dividend of $2.95 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. Assume investors require a return of 11 percent on this stock.

Current Price? Three years? Fifteen years?

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