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The Connors Company's last dividend was $1.00. Its dividend growth rate is expected to be...

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Accounting

The Connors Company's last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 10% forever. Connors required return (rs) is 12%. What is Connors current stock price?

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