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4 . Carnes Cosmetics Co . ' s stock price ( $ 4 6 ) , and it recently paid a

4. Carnes Cosmetics Co.'s stock price \(\$ 46\), and it recently paid a \(\$ 2.50\) dividend. This dividend is expected to grow by \(19\%\) for the next 3 years, then grow forever at a constant rate (s), and \( r=16\%\).

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