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Carnes Cosmetics Co.'s stock price is $53, and it recently paida $2.00 dividend. This dividend is expected to grow by 23% for thenext 3 years,

Carnes Cosmetics Co.'s stock price is $53, and it recently paida $2.00 dividend. This dividend is expected to grow by 23% for thenext 3 years, then grow forever at a constant rate, g; and rs =16%. 2 answers

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