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suppose a stock has a required return of 15 percent. you expect the next two annual dividends are $2.76 and $4.03. The third dividend and

suppose a stock has a required return of 15 percent. you expect the next two annual dividends are $2.76 and $4.03. The third dividend and beyond will grow at a constant 3 percent forever. what is the current price of the stock?

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