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What is the price of this stock today

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Reference no: EM131816129

Big Falls Tours just paid a dividend of $1.55 per share. The dividends are expected to grow at 30 percent for the next 8 years and then level off to a 7 percent growth rate indefinitely. What is the price of this stock today given a required return of 15 percent?

Reference no: EM131816129

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