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The Starr Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of

image text in transcribed The Starr Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, Indefinitely. Investors require an 10 percent return on the stock. (Do not round Intermedlate calculations. Round the flnal answers to 2 decimal places. Omlt \$ sign In your response.) What is the current price? Current price $ What will the price be in three years? Stock price \$ What will the price be in 10 years? Stock price \$

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