Marcel Co. is growing quickly.The company just paid a dividend of $2.00.Dividends are expected to grow at

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Marcel Co. is growing quickly.The company just paid a dividend of $2.00.Dividends are expected to grow at a 25% rate for the next three years, with the growth rate falling off to a constant 5% thereafter.

If the required return is 7%, what is the current stock price?

Posted Date: May 18, 2024 11:07 PM

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Marcel Co. is growing quickly.The company just paid a dividend of $2.00.Dividends are expected to grow at

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