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Murrindindi Roofing Ltd is growing quickly. Dividends are expected to grow at a rate of 33% for the next four years, with the growth rate

Murrindindi Roofing Ltd is growing quickly. Dividends are expected to grow at a rate of 33% for the next four years, with the growth rate falling off to a constant 4% thereafter. If the required return is 14% and the company has just paid a $0.75 dividend, what is the current share price? (Hint: calculate the first four dividends.)

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