What should be the price of the stock today, Financial Accounting

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What should be the price of the stock today

Problem

The dividend that was just paid was $4.30. The company is expected to grow at 15% for the first four years and settle on a 4% growth rate for the foreseeable future. If the anticipated cost of equity is 13% what should be the price of the stock today?

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Financial Accounting: What should be the price of the stock today

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Financial Accounting: What should be the price of the stock today

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