Through The Glass Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate

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Through The Glass Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 13 percent and the company just paid a $3.05 dividend, what is the current share price?

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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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