Computing the current share price


Marcel Co. is growing quickly. Dividends are expected to grow at a 25 percent rate for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 14 percent and the company just paid a $2.60 dividend, the current share price is $

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Finance Basics: Computing the current share price
Reference No:- TGS045227

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