Concertina LTD just paid a dividend of $1.85 which is expected to grow at 14%...
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Concertina LTD just paid a dividend of $1.85 which is expected to grow at 14% for the next two years, and then at 4.25% for the foreseeable future. The appropriate discount rate is 11.30%. Based on this information, the current price for Concertina is closest to:
A) $32.54. B) $29.62.C) $28.70
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