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Non-constant growth dividends: A companys dividend in year 1 = $2, Its dividend in year 2 is expected to be $2.5, The dividend in year

  1. Non-constant growth dividends: A companys dividend in year 1 = $2, Its dividend in year 2 is expected to be $2.5, The dividend in year 3 is expected to be $3 and the stock price in year 3 is expected to be $34. Required return = 13%. What is the current stock price?

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