Question: Upton co. is growing quickly. Dividends are expected to grow at 27 percent for the next three years, with the growth rate falling to a

Upton co. is growing quickly. Dividends are expected to grow at 27 percent for the next three years, with the growth rate falling to a constant 4.5 perent thereafter. If the required return is 10.4 percent and the company just paid a dividend of $2.65, what is the current share price?

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