Question: Slap Engineering Inc. is growing quickly. Dividends are expected to grow at 10% rate for the next 3 years, with the growth rate falling to

Slap Engineering Inc. is growing quickly. Dividends are expected to grow at 10% rate for the next 3 years, with the growth rate falling to a constant 4% thereafter. The required return is 12% and the company just paid a $2.00 annual dividend. What is the current share price?

Please show how its done manually and if used calcualtor like HP10bll+ the steps for calcualtor when entering CFj functions.

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