The lets think big company expects their dividends and, Financial Management

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The lets think big company expects their dividends and

The Let's Think Big Company expects their dividends and earnings to grow at a constant rate of 4% a year into the foreseeable future. Currently the market is requiring a 10% rate of return on their stock. The most recent dividend paid was $1.75/share. SHOW ALL WORK FOR FULL CREDIT. What is the current price of the stock?

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Financial Management: The lets think big company expects their dividends and

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