Sandhill Corp will pay dividends of $5 00 $6 25 $4 75, and $3 00 in the next four years Thereafter, management expects the dividend growth rate to be constant at 6 percent If the required rate of return is 16 00 percent, what is the current value of the stock (Round all intermediate calculations and final answer to 2 decimal places, eg 15 20 ) Current value $

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Sandhill Corp  will pay dividends of $5 00  $6 25  $4 75, and $3 00 in the next four years  Thereafter, management expects the dividend growth rate to be constant at 6 percent  If the required rate of return is 16 00 percent, what is the current value of the stock  (Round all intermediate calculations and final answer to 2 decimal places, eg  15 20 ) Current value $

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Sandhill Corp. will pay dividends of $5.00. $6.25. $4.75, and $3.00 in the next four years. Thereafter, management expects the dividend growth rate to be

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