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Mega Growth Company just paid a $2.00 annual dividend. Future dividends are projected to grow at 3%, 4% and 5% over the next three years.
Mega Growth Company just paid a $2.00 annual dividend. Future dividends are projected to grow at 3%, 4% and 5% over the next three years. After that time, the dividend is expected to increase by 6% annually forever. Calculate the current share price if you require a 10% rate of return.
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