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The last dividend paidwas $2.00. The growth rate is expected to be a constant 4 percent for 2 years, after which dividends are expected to

The last dividend paidwas $2.00. The growth rate is expected to be a constant 4 percent for 2 years, after which dividends are expected to grow at a rate of 6 percent forever. The required rate of return on equity (rs) is 8 percent.

A) What is the current price of the common stock?

B) What is easier? solving via excel or via fin. calculator?

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