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Business, 14.04.2020 21:05 lizziefayx3498
Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 7.2 percent thereafter. If the required return is 14 percent and the company just paid a dividend of $3.35, what is the current share price?
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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next...
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