Question: Raj Export Inc. plans to pay a $3 per share dividend in 11 years from now, and will increase the dividend by 6% per year

Raj Export Inc. plans to pay a $3 per share dividend in 11 years from now, and will increase the dividend by 6% per year thereafter. If the required return on this stock is 15%, what is the current share price?
 Raj Export Inc. plans to pay a $3 per share dividend

V! Raj Export Inc. plans to pay a $3 per share dividend in 11 years from now, and will increase the dividend by 6% per year thereafter. If the required return on this stock is 15%, what is the current share price

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