Sunny Beverages has just paid a dividend of $2. The non-constant dividend growth rate is...
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Finance
Sunny Beverages has just paid a dividend of $2. The non-constant dividend growth rate is expected to be 15% for 3 years, after which point dividends growth is expected to change to a rate of 6% forever. If the firms required return (rs) is 11%, what is the companys current share price?
Enter your answer rounded to 2 decimal places, and do NOT enter any symbols such as $, % or commas.
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