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Business, 09.07.2019 16:30 martinezzz2294

Upton co. is growing quickly. dividends are expected to grow at 20 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. if the required return is 14 percent and the company just paid a dividend of $2.50, what is the current share price? (do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.)

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