43.0k views
5 votes
Janicex co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. if the required return is 11 percent and the company just paid a dividend of $1.90, what is the current share price

User Helsont
by
8.9k points

1 Answer

5 votes
answer: $ 63.30 ± 1%
User Andreas Dolk
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories