Question: 5) Upton Co. is growing quickly. Dividends are expected to grow at 27 percent for the next three years, with the growth rate falling off
5) Upton Co. is growing quickly. Dividends are expected to grow at 27 percent for the next three years, with the growth rate falling off to a constant 4.5 percent thereafter. If the required return is 10.4 percent and the company just paid a dividend of $2.65, what is the current share price
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