Current value of the firm shares-northern crabs ltd

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Northern Crabs Ltd paid a cash dividend of $1.80 yesterday. This dividend is expected to grow at a rate of 12% per year for 3 years. After that growth should drop to 6% and continue at 6% to "infinity." If the required rate of return on these shares is 15%, what is the current value of the firm's shares?

Reference no: EM132595841

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