What is the current value of the stock

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Question - Sandhill Corp. will pay dividends of $5.00, $6.25, 4.75, and $3.00 in the next 4 years. Thereafter, management expects the dividend growth rate to be constant at 5 percent. If the required rate of return is 14.00 percent, what is the current value of the stock?

Reference no: EM133162273

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