Question: please answer with showing the formula do not use excel formula Question: DBP Inc. just paid a dividend of 54.00. The expected growth rate of

please answer with showing the formula

do not use excel formula

Question: DBP Inc. just paid a dividend of 54.00. The expected growth rate of the dividend is 4 percent. The required return for investors in the first three years is 15 percent and 13 percent for the following three years. After those six years the required return is 11 percent. What is the current share price of the stock

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