The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected...
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The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 45% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (r) is 11%, what is its current stock price? Select the correct answer. O a. $82.39 O b. $81.48 O c. $79.66 O d. $78.75 O e. $80.57
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