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The Ralph Lauren Corporation (Ticker: RL) will pay a $1 dividend per share. Dividends are expected to grow by 15% for five years before leveling

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The Ralph Lauren Corporation (Ticker: RL) will pay a $1 dividend per share. Dividends are expected to grow by 15% for five years before leveling off to a constant growth rate of 3% indefinitely. Investors require an 9% return on their investment. How much should you pay for DIS today? Please use three decimals in your calculations (like the example problems), and please round your final answer to two decimal places. For example, your answers should be entered as 8.00%, 5.67%, $45.00, $45.88, etc. The Ralph Lauren Corporation (Ticker: RL) just paid a $0.20 dividend per share, and dividends are expected to grow by 8% indefinitely. Investors require a 10% return on their investment. How much should you pay for RL in three years? Please use three decimals in your calculations (like the example problems), and please round your final answer to two decimal places. For example, your answers should be entered as 8.00%, 5.67%, $45.00, S45.88, etc. Indefinite growth is different than forever growth. True False

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