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Moody farms just paid a dividend of 3.35 on its stock. The growth rate in dividends is expected to be a constant 4 percent per
Moody farms just paid a dividend of 3.35 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require a return of 16 percent for the first 3 years, a return of 14% for the next three years, and a return of 12 percent thereafter what is the current share price?
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