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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate
Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate falling off to a constant 7.9 percent thereafter. The required return is 16 percent and the company just paid a dividend of $3.70.
What are the dividends each year for the next four years?
What is the share price in three years?
What is the current share price?
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