Price of the stock of whizzkids inc

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Whizzkids, Inc., is experiencing a period of rapid growth. Earnings and dividends are expected to grow at 18% for the next two years, 15% in the third year, and at a constant rate of 6% thereafter. Whizzkids' last dividend (D0) was $1.15. If the required rate of return on the stock is 12%, what is the price of the stock today?

Reference no: EM133068863

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