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Barrista expects its dividends to grow at 25% for the next three years. Subsequently growth rate will fall off to 4.5% percent forever. IF THE

Barrista expects its dividends to grow at 25% for the next three years. Subsequently growth rate will fall off to 4.5% percent forever. IF THE REQUIRED RETURN IS 10.5% AND THE COMPANY JUST PAID A DIVIDEND OF $2.85. WHAT IS THE CURRENT SHARE PRICE?

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