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Ritter Co. is growing quickly. Dividends are expected to grow at a rate of 10 percent for the next three years, with the growth rate

Ritter Co. is growing quickly. Dividends are expected to grow at a rate of 10 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 15 percent for the first three years and then 10 percent thereafter. The company just paid a dividend of $5, what is the current share price? show why it is 129.69

Use handwritten or typed working. no excel

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