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Darden Inc. just paid a dividend of $2.55. The dividends are expected to grow at 3% forever, and investors require a 7% rate of return
Darden Inc. just paid a dividend of $2.55. The dividends are expected to grow at 3% forever, and investors require a 7% rate of return on their investment. Calculate the price per share. (Round to 2 decimals) QUESTION 17 West Side Co. expects the following dividends to be paid over the next 6 years: $12,$10,$8,$7,$6, and $5. Afterward, the company pledges to maintain a constant growth rate of 3% forever. If the required rate of return is 7%, calculate the current share price. (Round to 2 decimals) QUESTION 18 Clue Co. just paid a dividend of $2.05 per share. The dividends are expected to grow at 30% over the next five years, and then the dividends will grow at 2% forever. Calculate the current price per share if investors require a 9% return on their investment. (Round to 2 decimals)
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