What is the current stock price

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Question - Forever 21 is expected to pay an annual dividend of $3.54 per share in one year, which is then expected to grow by 10% per year. The required rate of return is 14%.

1. What is the current stock price?

2. What is the current stock price if the annual dividend of $3.54 has just been paid?

3. What is the current stock price if the annual dividend of $3.54 his about to be paid?

Reference no: EM133005117

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