Question: The High Growth Company s last dividend was 1 50 The dividend

The High Growth Company's last dividend was $1.50.  The dividend growth rate is expected to be constant at 30% for 3 years, after which dividends are expected to grow at a rate of 6% forever.  If High Growth's required rate of return is 13%, what is the company's current stock price?


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  • CreatedSeptember 19, 2013
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