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The company A has just an annual dividend of $0.80 per share on its stock. Analysts expect this dividend to grow at 10% per year
The company A has just an annual dividend of $0.80 per share on its stock. Analysts expect this dividend to grow at 10% per year for the next five years. After then dividend growth is expected to be at current industry average 4% per year. if the required return on this stock is 9% what is the current stock price for company A?
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