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Carned Cosmetics Co's stock price is $48 and it recently paid a $1.75 dividend. This dividend is expected to grow by 21% for the next
Carned Cosmetics Co's stock price is $48 and it recently paid a $1.75 dividend. This dividend is expected to grow by 21% for the next 3 years, then grow forever at a constant rate, g; and rs = 11%. At what constant rate is the stock expected to grow after year 3?
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Real Estate Finance
Authors: John P. Wiedemer
8th Edition
0324142900, 9780324142907
