C corps last dividend was 200 per share ccorps required, Financial Management

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C corps last dividend was 200 per share ccorps required

C Corps last dividend was $2.00 per share. The dividend growth rate is expected to be constant at 25% for 3 years, after which dividends are expected to grow at a rate of 7% forever. CCorps required rate of return is 11%. What is CCorps current stock price?

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Financial Management: C corps last dividend was 200 per share ccorps required

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