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QWE Corporation just paid a dividend of $2 a share. The dividends are expected to grow at 10% a year for the next 3 years,

QWE Corporation just paid a dividend of $2 a share. The dividends are expected to grow at 10% a year for the next 3 years, and the 5% per year thereafter. The required rate of return on QWE stock is 12%. What is the current price of QWE?

Question 8 options:

Not enough information.

$22.68

$35.58

$28.47

$34.26

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