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Consolidated Industrial is growing quickly. Dividends are expected to grow at a 14 percent rate for the next 4 years, with the growth rate falling
Consolidated Industrial is growing quickly. Dividends are expected to grow at a 14 percent rate for the next 4 years, with the growth rate falling off to a constant 3.25 percent thereafter. If the required return is 14.5 percent and the company just paid a $2.00 dividend. what is the current share price? (Do not round your intermediate calculations.) Question 4 options: $26.47 $23.87 $25.17 $25.95 $24.65
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