What is the current value of a share of chyrox

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What is the current value of a share of Chyrox if its current dividend is $1.50 and dividends are expected to grow at an annual rate of 20% for the next 5 years? Assume the investor has a required rate of return of 15% and expects to sell the security in 5 years for $72.

A) $44.31
B) $35.78
C) $39.63
D) $72

 

Reference no: EM13257944

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