BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 19 percent for the next three years, with the growth rate falling off to a constant 3.4 percent thereafter. If the required...


BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 19 percent for the next<br>three years, with the growth rate falling off to a constant 3.4 percent thereafter. If the required return<br>is 11.55 percent and the company just paid a $3.06 dividend, what is the current share price? Answer<br>to two decimals.<br>

Extracted text: BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 19 percent for the next three years, with the growth rate falling off to a constant 3.4 percent thereafter. If the required return is 11.55 percent and the company just paid a $3.06 dividend, what is the current share price? Answer to two decimals.

Jun 08, 2022
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