Saga Tech, Inc. just paid a dividend of $ 4 . 0 0 per share ( that
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Question:
Saga Tech, Inc. just paid a dividend of $ per share that is DO Thedividends of SagaTech are expected to grow at a rate of percent next year that isg and at a rate of percent the following year that is g Thereafterie from year to infinity the growth rate in dividends is expected to be percent per year. Assuming the required rate of return on SagaTech, Inc. stock is percent, compute the current price of the stock.Record your answer as a dollar amount rounded to decimal places, but do not include a dollar sign or any commas in your answer. For example, record $ as :
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