Mathematics, 17.12.2020 18:10, jennyn26

b) Chill Pill Pharmaceuticals is expecting a growth rate of 14% for the next two years due to its new drug. Thereafter it should level to an 8% growth rate. The last dividend paid was $0.65 per share. What price should the stock sell for if investors require 12% return?

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b) Chill Pill Pharmaceuticals is expecting a growth rate of 14% for the next two years due to its ne...