The company just paid its annual dividend in the amount of


Quick Link is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 25 percent a year for the next three years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $0.80 per share. What is the current value of one share of this stock if the required rate of return is 15 percent?

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Risk Management: The company just paid its annual dividend in the amount of
Reference No:- TGS02269119

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