Krsquos fashions is growing quickly dividends are expected, Ask an Expert

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K’s Fashions is growing quickly. Dividends are expected to increase by 15 percent annually for the next three years, with the growth rate falling off to a constant 5 percent thereafter. The required return is 16 percent and the company just paid a $3.80 annual dividend. What is the current share price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92714868

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