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The Starr Co. just paid a dividend of $1.95 per share on its stock.The dividends are expected to grow at a constant rate of 4.5
The Starr Co. just paid a dividend of $1.95 per share on its stock.The dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely.If investors require a return of 11 percent on the stock, what is the current price?What will the price be in 3 years?in 15 Years?
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