Sea Side, Incorporated, just paid a dividend of $ 2 . 3 6 per share on its
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Question:
Sea Side, Incorporated, just paid a dividend of $ per share on its stock. The growth rate in dividends is expected to be a constant percent per year indefinitely. Investors require a return of percent on the stock for the first three years, then a return of percent for the next three years, and then a return of percent thereafter. What is the current share price?
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