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Business, 25.11.2019 22:31 chrisraptorofficial

Fuji co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. if the required return is 12 percent and the company just paid a dividend of $3.85, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Fuji co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next thr...
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