Question: White Oak Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate
White Oak Corp. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate falling off to a constant 10 percent thereafter. If the required return is 15 percent and the company just paid a $2.00 dividend, what is the current share price?
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