What is the current share price

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Bayou Okra Farms just paid a dividend of $3.00 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require a return of 15 percent for the first two years, a return of 13 percent for the next two years, and a return of 11 percent thereafter. What is the current share price?

Reference no: EM132007671

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