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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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