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Lawson Industries just paid a dividend of 2.00. The growth rate is expected to be a constant 11% for 2 years, after which the dividends
Lawson Industries just paid a dividend of 2.00. The growth rate is expected to be a constant 11% for 2 years, after which the dividends are expected to grow at a rate of 5% forever. The required rate of return on equity is 13.4%. What is the current price of common stock?
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