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Carnes Cosmetics Co.'s stock price is $46, and it recently paida $1.50 dividend. This dividend is expected to grow by 17% for thenext 3 years,

Carnes Cosmetics Co.'s stock price is $46, and it recently paida $1.50 dividend. This dividend is expected to grow by 17% for thenext 3 years, then grow forever at a constant rate, g; andrs = 12%. 2 answers

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