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Nu-Tech stock's last annual dividend was $1.10 a share. Dividends are expected to increase by 15 percent for the next 2 years and then increase

Nu-Tech stock's last annual dividend was $1.10 a share. Dividends are expected to increase by 15 percent for the next 2 years and then increase at a constant 3 percent annually. The required return is 17.5 percent. What is the current value per share?

Multiple Choice

$10.63

$11.09

$9.28

$9.62

$10.33

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