Calculate the LuLu Corporation stock price today

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Question - If LuLu Corporation is experiencing rapid growth. Both earnings and dividends are forecasted to grow at 20% annually in the next 3 years, grow at 15% in the fourth year, and at a constant rate of 5% in Year 5 and thereafter. Its last dividend paid was RM0.50 per share, and its required rate of return is 10%. Calculate the LuLu Corporation's stock price today.

Reference no: EM132961268

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