Question: Ameer TEch current dividend is $2.45. The dividend is expected to grow at 30% per year during the first three years. Then growth rate will
Ameer TEch current dividend is $2.45. The dividend is expected to grow at 30% per year during the first three years. Then growth rate will decline to 6.0% per year forever. Required rate of return is 10%. Calculate the price. Round up to the nearest two decimal places.
Group of answer choices $107.17 $79.63 $142.64 $117.53
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