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wharton manufacturing just paid its annual dividend in the amount of 1

Finance

wharton manufacturing just paid its annual dividend in the amount of 1.05. the company will increase its dividends by 25 percent per year for the next 7 years, after that the company will keep a constant growth rate of 3 percent per year, forever. if the required return is 11 percent, what is the current stock price of wharton manufacturing?

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