At what price should smart corp sell today

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Reference no: EM131985484

Smart Corp just paid a dividend of $2. It will grow by 20% for each of the next two years. After that, growth will be 15% for one year, 10% the next year and 4% in perpetuity.

Your required rate of return for Smart Corp is 6%. At what price should Smart Corp sell today?

Reference no: EM131985484

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