What is the market price of this stock if the required rate

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Diet for you paid an annual dividend of $1.18 a share last month. The company is planning on paying $1.50, $1.75, and $1.80 a share over the next 3 years, respectively. After that, the dividend will be constant at $1.50 per share per year.

What is the market price of this stock if the required rate of return is 10.5 percent? 

Reference no: EM131126452

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