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fx The RLX Co. just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate

image text in transcribed fx The RLX Co. just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on the company's stock, what is the current price? What will the price be in 3 years? In 15 years

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