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5. problem 8-20 Mitts Cosmetics Co.'s stock price is $58.88, and it recently paid a s2 dividend. This dividend is expected to grow by 25%
5. problem 8-20 Mitts Cosmetics Co.'s stock price is $58.88, and it recently paid a s2 dividend. This dividend is expected to grow by 25% for the next 3 years and then grow forever at a constant rate, g. and r5 - 12%. At what constant rate is the stock expected to grow after Year 3
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