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Divided Health Group (DHG) expects to pay a dividend of $3 at the end of the year. The dividend growth rate is expected to be
Divided Health Group (DHG) expects to pay a dividend of $3 at the end of the year. The dividend growth rate is expected to be 10% per year until 3 years from now (t=3). After that, the growth rate will remain constant at 5% per year. The required rate of returns is 11%. What is the price of DHG stock today?
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