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Business, 26.10.2020 17:20 zachthomas024

Marcel Co. is growing quickly. Dividends are expected to grow at a 23 percent rate for the next 3 years, with the growth rate falling off to a constant 4 percent thereafter. Required: If the required return is 11 percent and the company just paid a $1.30 dividend. what is the current share price

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Marcel Co. is growing quickly. Dividends are expected to grow at a 23 percent rate for the next 3 ye...
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