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Determine the percentage of the current price

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Reference no: EM133136290

Question - Assume that a share of stock has just paid a dividend of $2.00 (D0), which is expected to grow at a constant growth rate of 5.0%, and has a price of $28.00. Given this information, determine the percentage of the current price that is based on just the first 13 years of dividends (Years D1-D13).

Reference no: EM133136290

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