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BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling
BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling off to a constant 5.4 percent thereafter. If the required return is 9.4 percent and the company just paid a $4.59 dividend, what is the current share price? Answer to two decimals. ABC Corporation stock currently sells for $61.04 per share. The market requires a return of 8.84 percent on the firm's stock. If the company maintains a constant 4.62 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Answer to two decimal places
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