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Gamma Corp. is expected to pay the following dividends over the next four years: $7,$6,$2, and $1.00. Afterward, the comoany pledges to maintain a constant
Gamma Corp. is expected to pay the following dividends over the next four years: $7,$6,$2, and $1.00. Afterward, the comoany pledges to maintain a constant 2 percent growth rate in dividends, forever. if the required return on the stock is 9 percent, what is the current share price?
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