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Blue legend international just paid its annual dividend in the amount of $2.70 .The company will increase its dividens by 20 percent per year for
Blue legend international just paid its annual dividend in the amount of $2.70 .The company will increase its dividens by 20 percent per year for the next 2 years, after that the company will keep constant growth rate 5 percent per year, forever. If the required rate of return is 10 percent, what is the current stock price of Blue Legend International ?
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