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Janicek corp is experiencing rapid growth dividends are

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Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 35 percent per year during the next 3 years, 23 percent over the following year, and then 6 percent per year indefinitely. The required return on this stock is 15 percent, and the stock currently sells for $65 per share. The projected dividend for the coming year is $.

Reference no: EM13481170

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