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JANATAS most recent dividend paid was $2.6 to the stockholders. For the first 4 years the dividend will grow at a 6% and then the
JANATAS most recent dividend paid was $2.6 to the stockholders. For the first 4 years the dividend will grow at a 6% and then the rate of growth changes to 4% percent for the next 2 years and then after that the growth rate changes to 3% for the foreseeable future. The required rate of return is 10 percent. If you want to buy the stock maximum how much you should pay for it? FINANCE
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