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Contantia, Inc., just paid a dividend of $10.55 per share on its stock. The dividends are expected to grow at a constant rate of 7.1
Contantia, Inc., just paid a dividend of $10.55 per share on its stock. The dividends are expected to grow at a constant rate of 7.1 percent per year, indefinitely. If investors require a return of 13.4 percent on this stock, what is price in 3 years?
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