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Nova Corp. has paid its most recent dividend $ 1 . 8 0 . The firm expects grow at a rate of 2 5 %

Nova Corp. has paid its most recent dividend $1.80. The firm expects grow at a rate of 25% for the next 5 years (years 1 to 5),15% for the next 5 years (years 6 to 10) and then it is expected to grow at a constant rate of 3% for ever. What is the current price of the share in the market today if investors require a 15% rate of return.

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