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WECHI Inc. just paid $ 3.00 per share dividend on its common stock. This dividend is expected to grow 25% a year for the next
WECHI Inc. just paid $ 3.00 per share dividend on its common stock. This dividend is expected to grow 25% a year for the next two years, after which the dividend is expected to grow at a constant rate of 5 % a year. The required rate of return is assumed to be an average of two assumptions: 14% and 10%. Based on your calculations, what should be the companys current stock price?
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