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Business, 03.04.2020 21:48 AmityHeart

Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate falling off to a constant 7.4 percent thereafter. If the required return is 16 percent and the company just paid a dividend of $3.45, what is the current share price

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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next...
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