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The RLX Company just paid a dividend of $ 1 . 8 0 per share on its stock. The dividends are expected to grow at
The RLX Company just paid a dividend of $ per share on its stock. The dividends are expected to grow at a constant rate of percent per year indefinitely. Investors require a return of percent on the company's stock.
a What is the current stock price? Do not round intermediate calculations and round your answer to decimal places, eg
b What will the stock price be in years? Do not round intermediate calculations and round your answer to decimal places, eg
c What will the stock price be in years? Do not round intermediate calculations and round your answer to decimal places, eg
tablea Current price,b Stock price in years,c Stock price in years,
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