Question: Question 26 Phillips Co. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the

Question 26 Phillips Co. is growing quickly. Dividends are expected to

Question 26 Phillips Co. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 10 perceni and the company just paid a dividend of $2.95, what is the current share price

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