Solution-What is the current share price

What is the current share price

Reference no: EM13697596

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 7 percent thereafter. If the required return is 11 percent and the company just paid a dividend of $2.05, what is the current share price?

Reference no: EM13697596

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What is the current share price : 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 7 percent thereafter. If the required return is 11 percent and the company just pai..

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What is the current share price

Reference no: EM13697596

Reference no: EM13697596

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