Business, 27.03.2020 00:38, makayyafreeman

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 6.4 percent thereafter. If the required return is 16 percent and the company just paid a dividend of $2.95, 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...