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.Verizon is expected to pay a $2.510 dividend next year. This will grow at 3% a year for the following three years. Afterwards, the company
.Verizon is expected to pay a $2.510 dividend next year. This will grow at 3% a year for the following three years. Afterwards, the company will maintain a constant 1% growth rate in dividends in perpetuity. If the required return on the stock is 7%, what is the current share price?
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