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KenBoy Limited is expected to pay a Ksh 0
KenBoy Limited is expected to pay a Ksh 0.60 dividend next year. The dividend is expected to grow at a 50 percent annual rate for Years 2 and 3, at 20 percent annually for Years 4 and 5, and at 5 percent annually for Year 6 and thereafter. If the required rate of return is 12 percent, what is the value per share, three years from now?
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