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Regal Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 50% next year and
Regal Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 50% next year and then increasing the growth rate to a constant 10% per year. The company just paid its annual dividend in the amount of $1.50 per share. If the required rate of return is 15. what would be the current value of a share percent?
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