Question: Moors Inc. dividends are expected to increase 8% annually for the next 3 years,followed by a constant annual growth rate of 5% to infinity. Knowing

Moors Inc. dividends are expected to increase 8% annually for the next 3 years,followed by a constant annual growth rate of 5% to infinity. Knowing last year dividend of $1.80 per share and required return of 11%, what is the value of Moors share?

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