Business, 08.04.2020 02:16 lol4373

Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 11 percent and the company just paid a dividend of $1.15, what is the current share price?

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Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rat...

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