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Green Co. just paid dividend of $1 per share. The company predicts that the dividend will increase 7% for next 5 years and 5% thereafter
Green Co. just paid dividend of $1 per share. The company predicts that the dividend will increase 7% for next 5 years and 5% thereafter forever. If your required rate of return is 6%, what price you should pay for this company's stock?
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