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After careful analysis, you have determined that a firm's dividendsshould grow at 15%, on average,...

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Accounting

After careful analysis, you have determined that a firm's dividendsshould grow at 15%, on average, in the foreseeable future. The firm's last dividend was $1.50. Compute the current price of this stock, assuming the required return is 20%.The current stock price is $ 0(Round your response to the nearest pehny.)
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