What is the current share price

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Question 1: Upton corporation is expected to pay the following dividends over the next 4 years: $9, $7, $5.75, $2.55 Afterwards the company pledges to manitain a constant 4.5 % growth rate in dividends forever. If the required return on the stock is 10%, what is the current share price?

Reference no: EM132497182

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