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McCoy Corporation is expected to pay dividends with a dividend growth rate of 20% for next 4 years with the growth rate dropping to a

McCoy Corporation is expected to pay dividends with a dividend growth rate of 20% for next 4 years with the growth rate dropping to a constant 2.5% thereafter. If the CAPM expected rate of return is 12.5% and the company recently paid a dividend of $3, what is reasonable share price today?

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