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Posted: **Fri Mar 04, 2022 9:34 am**

: Question Dbp Inc Just Paid A Dividend Of 54 00 The Expected Growth Rate Of The Dividend Is 4 Percent The Required Re 1 (9.37 KiB) Viewed 33 times

: Question Dbp Inc Just Paid A Dividend Of 54 00 The Expected Growth Rate Of The Dividend Is 4 Percent The Required Re 2 (9.37 KiB) Viewed 33 times

Question: DBP Inc. just paid a dividend of 54.00. The expected growth rate of the dividend is 4 percent. The required return for investors in the first three years is 15 percent and 13 percent for the following three years. After those six years the required return is 11 percent. What is the current share price of the stock?