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DTAP Score 65 50% Check My Work (3 remaining) Click here to read the eBook: Valuing cames Cosmetics Co.'s stock price is $45.76, and it

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DTAP Score 65 50% Check My Work (3 remaining) Click here to read the eBook: Valuing cames Cosmetics Co.'s stock price is $45.76, and it recently paid a $2.75 dividend. This dividend is expected to grow by 21% for the next 3 years, then grow forever at a constant rate, gi and r, 15%. At what constant rate is the stock expected to grow after Year 3? Round your answer to two decimal places. Do not round your intermediate y.pdfA

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