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Taylor Corp. is growing, quickly. Dividends are expected to grow at a 30% rate for the next 3 years, with the growth rate falling off to a constant...

Taylor Corp. is growing, quickly. Dividends are expected to grow at a 30% rate for the next 3 years, with the growth rate falling off to a constant 6% thereafter. If the required return is 13% and the company just paid a $2.75 dividend, what is the current share price?

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Finance-7647662.xls

Taylor Corp. is growing, quickly. Dividends are expected to grow at a 30% rate for the next 3 years, with the growth rate falling off to a constant 6%
thereafter. If the required return is 13% and...

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