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You are interested in a stock and have gathered the following information: The current dividend is $3.98 The dividends are expected to grow at a
You are interested in a stock and have gathered the following information: |
The current dividend is $3.98 |
The dividends are expected to grow at a foreseeable rate of 15.75% |
The expected rate of return on the stock is 13.98% |
What is the current price of the stock? |
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