Herbovore's Vegetarian Delites Corporation (HVD) plans to pay a dividend of $3 27 Dividends will grow at a rate of 6 00 for 6 years then return to the normal growth rate of 4 00 for the foreseeable future If the required rate of return is 10 00 , what is the current price (Po) of a share of HVD common stock $59 11 $64 40 $16 29 $61 68

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Herbovore's Vegetarian Delites Corporation (HVD) plans to pay a dividend of $3 27  Dividends will grow at a rate of 6 00  for 6 years then return to the normal growth rate of 4 00  for the foreseeable future  If the required rate of return is 10 00  , what is the current price (Po) of a share of HVD common stock  $59 11 $64 40 $16 29 $61 68

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Herbovore's Vegetarian Delites Corporation (HVD) plans to pay a dividend of $3.27. Dividends will grow at a rate of 6.00% for 6 years then return

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