[Solved] Carnes Cosmetics Co.'s stock price is $43

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Carnes Cosmetics Co.'s stock price is $43, and it recently paid a $1.50 dividend. This dividend is expected to grow by 26% for the next

Carnes Cosmetics Co.'s stock price is $43, and it recently paid a $1.50 dividend. This dividend is expected to grow by 26% for the next 3 years, then grow forever at a constant rate, g; and rs = 16%. 2 answers

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