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need to see worked out pleass TTA Corp. is expected to pay the following dividends over the next three years: $1.61, $2.29, and $3.32. Afterward,
need to see worked out pleass
TTA Corp. is expected to pay the following dividends over the next three years: \$1.61, \$2.29, and \$3.32. Afterward, the company pledges to maintain a constant 3 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.) Step by Step Solution
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