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Carnes Cosmetics Co.'s stock price is $51, and it recently paid a $1.00 dividend. This dividend is expected to grow by 1
Posted: Sun Jul 03, 2022 12:56 pm
by answerhappygod
- Carnes Cosmetics Co S Stock Price Is 51 And It Recently Paid A 1 00 Dividend This Dividend Is Expected To Grow By 1 1 (6 KiB) Viewed 18 times
Carnes Cosmetics Co.'s stock price is $51, and it recently paid a $1.00 dividend. This dividend is expected to grow by 17% for the next 3 years, then grow forever at a constant rate, g; and rs = 15%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places.