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Carnes Cosmetics Co.'s stock price is $44 , and it recently paid a $2.00 dividend. This dividend is expected to grow by 19% for the
Carnes Cosmetics Co.'s stock price is $44 , and it recently paid a $2.00 dividend. This dividend is expected to grow by 19% for the next 3 years, then grow forever at a constant rate, gand r s =12\% At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick
3rd Edition
0470497521, 9780470497524
