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Business, 04.08.2021 23:00 mom2acjm

Suppose Costco Wholesale Corporation (COST) is expected to pay the following dividends over the next four years: $0.59, $0.9, $1.17, and $1.3. Afterward, the company pledges to maintain a constant 1.27 percent growth rate in dividends forever. If the required return on the stock is 11.65 percent, what is the current share price

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