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Business, 23.10.2019 03:50 emory238

Universal laser, inc., just paid a dividend of $3.35 on its stock. the growth rate in dividends is expected to be a constant 4 percent per year indefinitely. investors require a return of 16 percent on the stock for the first three years, a return of 14 percent for the next three years, and then a return of 12 percent thereafter. what is the current share price for the stock?

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Universal laser, inc., just paid a dividend of $3.35 on its stock. the growth rate in dividends is e...
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