Question: Alarcon Techware is growing quickly. Dividends are expected to increase by 8 percent annually for the next three years, with the growth rate falling off
Alarcon Techware is growing quickly. Dividends are expected to increase by percent annually for the next three years, with the growth rate falling off to a constant percent thereafter. The required return is percent and the company just paid its annual dividend of $ per share. What is the current share price?
a $
b $
C $
d $
e $
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