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Fast growth, Inc., is experiencing rapid growth. The company expects dividends to grow at 15 percent per year for the next 10 years before leveling

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Fast growth, Inc., is experiencing rapid growth. The company expects dividends to grow at 15 percent per year for the next 10 years before leveling off at 5 percent into perpetuity. The required return on the company's stock is 10 percent. If the dividend per share just paid was $2, what is the stock price? Paragraph B IEC . A

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