What is the current stock price-herjavec co

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The Herjavec Co. just paid a dividend of $1.15 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. Investors require a return of 12 percent on the company's stock.

  • What is the current stock price?
  • What will the stock price be in three years?
  • What will the stock price be in twelve years?

Reference no: EM132491673

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