What will the price be in three years

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Reference no: EM132498828

The Starr Co. just paid a dividend of $2.10 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. Investors require a return of 14 percent on the stock.

Question 1: What is the current price?

Question 2: What will the price be in three years?

Question 3: What will the price be in 9 years?

Reference no: EM132498828

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