Current share price-biarritz corp

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Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 7.7 percent thereafter.

If the required return is 14 percent and the company just paid a dividend of $1.80, what is the current share price?

Reference no: EM132779959

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