What is the current share price

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Sea Side, Inc., just paid a dividend of $2.4 per share on its stock. The growth rate in dividends is expected to be a constant 6.4 percent per year indefinitely. Investors require a return of 24 percent on the stock for the first three years, then a 19 percent return for the next three years, and then a 17 percent return thereafter. What is the current share price?

Reference no: EM131312795

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