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The Extreme Co. Last paid a Tk. 1.50 per share annual dividend. The company is planning on paying dividend at a rate of 5% over

The Extreme Co. Last paid a Tk. 1.50 per share annual dividend. The company is planning on paying dividend at a rate of 5% over the next four years,respectively. After that the dividend growth will be a constant 2% per share per year. What is the market price of this stock if the market rate of return is l5%

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