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Snoop Industries is growing at a rapid pace. Dividends are expected to grow at a rate of 18% for the next 4 years, after which

Snoop Industries is growing at a rapid pace. Dividends are expected to grow at a rate of 18% for the next 4 years, after which the growth rate will fall off to a constant rate of 6% per year thereafter. The companys next dividend will be 5.25. If the required rate of return is 11%, what is the current price of the share

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