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Business, 22.11.2019 04:31 sanchezhailey4702

Carnes cosmetics co.'s stock price is $51, and it recently paid a $3.00 dividend. this dividend is expected to grow by 25% for the next 3 years, then grow forever at a constant rate, g; and rs = 16%. at what constant rate is the stock expected to grow after year 3? do not round intermediate calculations. round your answer to two decimal places.

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Carnes cosmetics co.'s stock price is $51, and it recently paid a $3.00 dividend. this dividend is e...
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