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    aiswarya rai's Avatar
    aiswarya rai Posts: 1, Reputation: 1
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    Aug 2, 2012, 07:48 PM
    The Tapley Tank Company
    The Tapley Tank Company's last dividend was RM2.00. The dividend growth rate is expected to be constant at 25% for 3 years, after which dividends are expected to grow at a rate of 7% forever. Tapley's required return (rs) is 11%. What is Tapley's current stock price?

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