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Company A paid an annual dividend of $1.84 per share 3 years ago on its common stock and just announced that future dividends will increase
Company A paid an annual dividend of $1.84 per share 3 years ago on its common stock and just announced that future dividends will increase by 5% annually. What is the current price of Company A? assume the required rate of return on the common stock of glass ceiling is 27%. Answers with excel formulas will be appreciated
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