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Question 24 3 pts Bai Company's last dividend was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after

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Question 24 3 pts Bai Company's last dividend was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (r.) is 11%, what is its current stock price? O a. $32.49 Od. $31.52 Oc$34.50 b. $33.50 e. $30.57

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