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The RLX Co. just paid a divident of 3.20 per share on its stock. The divident are expected to grow a constant rate of 4%
The RLX Co. just paid a divident of 3.20 per share on its stock. The divident are expected to grow a constant rate of 4% per year indefinitely. If investors require a return of 10.5% on the company's stock, what is the current price? What will the price be in 3years? in 15years?
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