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Question 21 1.5 pts This problem values a share of stock based on dividends. Apple Company's last dividend was $2.10. The dividend growth rate is

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Question 21 1.5 pts This problem values a share of stock based on dividends. Apple Company's last dividend was $2.10. The dividend growth rate is expected to be constant at 25% for 3 years, after which dividends are expected to grow at a rate of 7% forever. The required return is 11%. What is the current stock price? S8825 50725 $83.45 586.00 GS8404

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