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26 October, 20:42

Janicex co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. if the required return is 11 percent and the company just paid a dividend of $1.90, what is the current share price

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  1. 26 October, 22:15
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    Answer: $ 63.30 ± 1%
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