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lodbrok company just paid an annual dividend of $2 per share. the company will increase its dividends by 15 percent per year for the next

lodbrok company just paid an annual dividend of $2 per share. the company will increase its dividends by 15 percent per year for the next 11 years, after that the company will keep a constant growth rate of 5 percent per year, forever. if the required return is 12 percent, what is the current stock price of lodbrok company?

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