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Q 4 : ( Constant Growth DDM ) The Starr Co . just paid a dividend of $ 1 . 9 5 per share on
Q: Constant Growth DDM The Starr Co just paid a dividend of $ per share on its stock. The dividends are expected to grow at a constant rate of percent per year, indefinitely. If investors require a return of percent on the stock, what is the current price? What will the price be in three years? In years?
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