What is the current share price

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Bayou Okra Farms just paid a dividend of $2.65 on its stock. The growth rate in dividends is expected to be a constant 4.5% per year indefinitely. Investors require a return of 15% for the first 3 years, a return of 13% for the next 3 years and a return of 11% after that. What is the current share price?

Reference no: EM13972559

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