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Rizzi Co. is growing quickly.Dividends are expected to grow at a 20% rate for the next three years, with the growth rate falling off to
Rizzi Co. is growing quickly.Dividends are expected to grow at a 20% rate for the next three years, with the growth rate falling off to a constant 6% thereafter.If the required return is 12% and the company just paid a $3.10 dividend, what should be the current share price?
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