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SlowGrowth Corporation currently pays a dividend of $ 6 per year. Stock analysts expect the company would continue to pay the current dividend amount for
SlowGrowth Corporation currently pays a dividend of $ per year. Stock analysts expect the
company would continue to pay the current dividend amount for two years and, after the two
years, increase dividend by per year in perpetuity. According to the stock analysts forecast
of future dividends, what should be the stock price today if the discount rate is
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