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Roger Industries just paid a dividend of $190. Analysts expect the company's dividend to grow by 12 percent for 2 years and then the rate

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Roger Industries just paid a dividend of $190. Analysts expect the company's dividend to grow by 12 percent for 2 years and then the rate of growth changes to 6 percent per year forover from Year 3 onwards. The required rate of retum is 9 percent. Determine the price of this stock. 2.572 O b.575 Oc573 Od 571 578

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