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Suppose ZBA Inc., just paid a dividend of $4 per share. It is expected that the dividends will grow at a constant rate of 3

Suppose ZBA Inc., just paid a dividend of $4 per share. It is expected that the dividends will grow at a constant rate of 3 percent per year indefinitely. If investors require a 10 percent return on ZBA stock, a. What is the current price today? (3 marks) b. What will the price be in three years? (2 marks)

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