Question: Problem 2 (10 Marks) After 5 years, Room Inc. is growing rapidly, and the company just paid $2 dividend last year. Dividends are expected to
Problem 2 (10 Marks) After 5 years, Room Inc. is growing rapidly, and the company just paid \$2 dividend last year. Dividends are expected to grow at a 4% rate for the next three years, with the growth rate falling off to a constant 1% thereafter. If the required return is 15%, what is the current share price
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