Define the current share price

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Bayou okra Farms just paid a dividend of $3.35 on its stock. The growth rate in dividends is expected to be a constant per year indefinitely. Investors require a return of 16 percent for the first three years, of 14 percent for the next three years, and a return of 12 percent thereafter What is the current share price?

current share price $

Reference no: EM131527391

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