angiemarshall8355 angiemarshall8355
  • 26-03-2021
  • Business
contestada

Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 6.1 percent thereafter. If the required return is 12 percent and the company just paid a dividend of $2.80, what is the current share price

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ayfat23
ayfat23 ayfat23
  • 26-03-2021

Answer:

$82.85

Explanation:

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