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Supernormal Growth [LO1] Momsen Corp. is experiencing rapid Page 267 growth. Dividends are expected to grow at 30 percent per year during the next three

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Supernormal Growth [LO1] Momsen Corp. is experiencing rapid Page 267 growth. Dividends are expected to grow at 30 percent per year during the next three years, 20 percent over the following year, and then 6 percent per year indefinitely. The required return 19. 556 this stock is 10 percent, and the stock currently sells for $86 per share. What is the projected dividend for the coming year

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