What would be the current price of share

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Question: Fisk ltd just paid a $2.00 dividend per share. The Annual Dividends are expected to grow at 15% a year next year, 10% year after and then on third year the growth rate of dividends is expected to settle down to 7% a year indefinitely. if the required return for this share is 17% what would be the current price of share?

Reference no: EM133327244

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