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Starducks is a publicly traded company and you need to figure out the current value of its stock shares. Here is what you know about
Starducks is a publicly traded company and you need to figure out the current value of its stock shares. Here is what you know about its expected future per share dividends: $3 in 1 year, $5 in 2 years, $7 in 3 years, after which the dividends are expected to grow at the annual rate of 4%, indefinitely. The companies return on its investments is 11% per year. What is today's value of Starduck's stock share?
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