What is the current share price

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Problem - Electronicca is an electric car start-up and growing rapidly. The company has just paid a dividend of $2 per share. Dividends are expected to grow at a rate of 30% over the next ?ve years, with the growth rate falling off to a constant 5% thereafter. If the required return is 12%, what is the current share price?

Reference no: EM133011699

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