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Your company paid a dividend of $3.80 last year. The growth rate is expected to be 12 percent for 1 year, 15 percent the next

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Your company paid a dividend of $3.80 last year. The growth rate is expected to be 12 percent for 1 year, 15 percent the next year, then 16 percent for the following year, and then the growth rate is expected to be a constant 9 percent thereafter. The required rate of return is 10 percent. What is the current market value of this share

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