Your company just paid a dividend of 200 the dividend, Financial Management

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Your company just paid a dividend of 200 the dividend

Your company just paid a dividend of $2.00. The dividend growth rate is expected to be 4% for 1 year, 5% the next year, then 6% for the following year, and a constant 7% thereafter. The stock's required return (rs) is 10%. What is the current stock price?

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Financial Management: Your company just paid a dividend of 200 the dividend

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Financial Management: Your company just paid a dividend of 200 the dividend

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