What is the current price of jeeps stock

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Jeep recently paid a dividend of $1.25. Dividends are expected to grow at a 10% percent rate for the next three years. Beginning in the fourth year, revenue growth is expected to slow and thus dividends are expected to slow to 4% thereafter. If the cost of capital is 9%, what is the current price of Jeeps' stock.

Reference no: EM131306336

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