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The Starn Ca just paid a dividend of 51 th per thare on is stock. The dividends are expected to grow at a constant rate
The Starn Ca just paid a dividend of 51 th per thare on is stock. The dividends are expected to grow at a constant rate of 7 percent. peryear, indefinitely. Investors require an 12 percent return on the stocic (Do not round intermediate calculations. Round the final antwers to 2 decimol pleces. Omit $ sign in yout response) What is the curtent price? Cuntent price 5 What wit the paice be in thee year? stockprice 5 Whst wil the price be in 12 years? Stock price 5
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