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Business, 10.11.2019 01:31 2643050

Navel county choppers, inc., is experiencing rapid growth. the company expects dividends to grow at 22 percent per year for the next 8 years before leveling off at 7 percent into perpetuity. the required return on the company’s stock is 14 percent. if the dividend per share just paid was $1.84, what is the stock price?

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