What is current share price

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Reference no: EM131980730

South Side Corporation is expected to pay the following dividends over the next four years: $ 0.70 , $ 1.70 , $ 3.69 , $ 5.80 . Afterwards, the company pledges to maintain a constant 3.9 percent growth rate in dividends, forever. If the required rate of return on the stock is 13.9 percent, what is the current share price?

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Reference no: EM131980730

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