Quinoa Farms just paid a dividend of $2.95 on its stock. The growth rate in dividends is
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Quinoa Farms just paid a dividend of $2.95 on its stock. The growth rate in dividends is expected to be a constant 3.4 percent per year indefinitely. Investors require a return of 15 percent for the first three years, a return of 13 percent for the next three years, and a return of 11 percent thereafter. What is the current share price?
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I am a graduate of Bachelor of Science in Business Administration major in Management Accounting last March 2019. After two months, I am hired in the private company in our city and work here as an Internal Auditor for Financial Statements. While working, I indulge myself and got to enroll in a private school to pursue teaching and after a year, I completed the units. I tutored a lot of students by face to face when I was in my high school and college years. This year, while preparing and waiting for my review in Licensure for Professional Teachers Examination, I took an exam for some certifications in order to grow and have a career development.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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