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Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 20 percent per year for the next 9 years before
Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 20 percent per year for the next 9 years before leveling off at 5 percent into perpetuity. The required return on the company's stock is 13 percent. If the dividend per share just paid was $1.74, what is the stock price
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