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Estimate the current market price .Suppose that company expects to pay dividends of $5.75, $6.00, $7.50, and $8.00 per share for the next four years.
Estimate the current market price .Suppose that company expects to pay dividends of $5.75, $6.00, $7.50, and $8.00 per share for the next four years. Thereafter, the company expects its growth rate to be at a constant rate of 6%. If this information is communicated to the market, and the market's required rate of return is 12%.
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