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Business, 31.10.2019 02:31 board1692

Great pumpkin farms just paid a dividend of $3.45 on its stock. the growth rate in dividends is expected to be a constant 5 percent per year indefinitely. investors require a return of 13 percent for the first three years, a return of 11 percent for the next three years, and a return of 9 percent thereafter. what is the current share price?

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