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Business, 30.07.2020 01:01 chris3633

Navel county choppers, inc.,is experiencing rapid growth. The company expect dividends to grow at 18 percent per year for the next 14 years before leveling off at 6 percent in to perpetuity. The required return on the company's stock is 13 percent. If the dividend per share just paid was $1.97, what is the stock price?ompany expects dividends to grow

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