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Non constant Growth Mitts Cosmetics Co.'s stock price in $58.88, and it recently ypaid a $2 dividend. This dividend is expected to grow by 25%
Non constant Growth Mitts Cosmetics Co.'s stock price in $58.88, and it recently ypaid a $2 dividend. This dividend is expected to grow by 25% for the next 3 years, and then grow forever at a constant rate,g,and rs=12%. at what constant rate is the stock expected to grow after year 3?
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