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Question 18 O out of 5 points Clue Co. just paid a dividend of $1.15 per share. The dividends are expected to grow at 25%
Question 18 O out of 5 points Clue Co. just paid a dividend of $1.15 per share. The dividends are expected to grow at 25% over the next 7 years, and then the dividends will grow at 2% forever. If investors require a 9% rate of return on their investment, calculate the current price per share? (Round to 2 decimals)
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