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Marcel co. Is growing quickly. Dividends are expected to grow by 35% in the first year, by 30% for the next three years, and the
Marcel co. Is growing quickly. Dividends are expected to grow by 35% in the first year, by 30% for the next three years, and the growth rate falling off to a constant 6% thereafter. If the required return is 13% and the company is expected to pay a dividend of 2.43$, what is the current share price? What are the current dividend yield and capital gains yield?
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