Question: note: please dont use excel. 21. Two-Stage Dividend Growth Model (L01) Chartreuse County Choppers Inc. is experieneing rapid growth. The company expects dividends to grow

note: please dont use excel. 21. Two-Stage

note: please dont use excel. 21. Two-Stage Dividend Growth Model (L01) Chartreuse County Choppers Inc. is experieneing rapid growth. The company expects dividends to grow at 25 percent per year for the next ll vears before leveling off at 6 percent into perpetuity. The required return on the company's stock is 12 percent. If the dividend per share just paid was $1.74. what is the stock price

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