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Shrewd Corp. just paid a $ 1 . 2 5 per share dividend. Dividends will grow at a rate of 2 8 % for the

Shrewd Corp. just paid a $1.25 per share dividend. Dividends will grow at a rate of 28% for the next 8 years and then grow at a rate of 6% in perpetuity. What is the current share price if the required return is 13%?

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To calculate the current share price of Shrewd Corp we can use the dividend discount model DDM approach The DDM values the stock based on the present ... blur-text-image

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