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Please answer quickly for thumbs up Question 11 2 pts Tesla Ltd., is a fast growth share and expects to grow at a rate of
Please answer quickly for thumbs up
Question 11 2 pts Tesla Ltd., is a fast growth share and expects to grow at a rate of 25 per cent for the next four years. It then will settle to a constant-growth rate of 10 per cent. The first dividend will be paid out in year 3 and will be equal to $5.00. If the required rate of return is 18 per cent, what is the current price of the share? $85.94 $50.59 $65.68 $97.19Step by Step Solution
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