Business, 26.06.2020 15:01, 3kp

A rapidly growing company just paid a dividend of $1.50 a share. For the next three years, the earnings growth rate is projected to be 15% each year, and then 4% each year thereafter. If the required rate of return is 9%, what is the value of the stock

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A rapidly growing company just paid a dividend of $1.50 a share. For the next three years, the earni...