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Jackson Hole stock paid a current dividend of $7 per share and this dividend is expected to grow at a rate of 14% for the

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Jackson Hole stock paid a current dividend of $7 per share and this dividend is expected to grow at a rate of 14% for the first three years and then slow to a rate of 3% for the forseeablc future, the interest rate is 8%. What is the current price? Write down the formula with appropriate numbers inserted to solve the problem along with the correct answer. HTML Editoria

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