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Moody Farms just paid a dividend of $ 3 . 9 0 on its stock. The growth rate in dividends is expected to be a
Moody Farms just paid a dividend of $ on its stock. The growth rate in dividends is expected to be a constant percent per year indefinitely. Investors require a return of percent for the first three years, a return of percent for the next three years, and a return of percent thereafter. What is the current share price? Do not round intermediate calculations and round your answer to decimal places, eg
Current share price
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