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What is the current share price for marcel ag

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Reference no: EM132955169

Marcel AG is growing quickly. Dividends are expected to grow at a 40 per cent rate for the next three years, with the growth rate falling off to a constant 6 per cent thereafter.

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Problem 1: If the required return is 13 per cent and the company just paid a €1.7 dividend, what is the current share price?

Reference no: EM132955169

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