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QUESTION 5: Assume that the growth in problem 4 is 15%, 10%, and then constant at...

QUESTION 5: Assume that the growth in problem 4 is 15%, 10%, and then constant at 5%. What is the current price? Round answer to 2 decimal places (XX.XX)

PROBLEM 4: If the last dividend paid was $1.75 and growth is a constant 5%, what is the current price if the required return is 11%? Round answer to 2 decimal places (XX.XX)
ANSWER TO PROB 4: 30.63

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