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Stag Company will pay dividends of $0.72 in exactly one year, $0.76 in two years, $0.84 in three years and $0.88 in the fourth year.
Stag Company will pay dividends of $0.72 in exactly one year, $0.76 in two years, $0.84 in three years and $0.88 in the fourth year. Thereafter, the company expects its dividends to grow at a constant rate of 2% per year. If the required return to hold the share is 14.6%, what is the shares current price?
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