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The dividends of a company are forecasted to grow at 15.70% per year for the next three years, and after that at 2.10% yearly forever.
The dividends of a company are forecasted to grow at 15.70% per year for the next three years, and after that at 2.10% yearly forever. If the discount rate is 10.90% and a dividend of $4.00 was just paid, what should be the current share price? a.$32.88 b.$56.84 c.$71.88 d.$65.77 e.$72.79
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