The required return on this stock is 11 percent and the, Ask an Expert

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Frey Corp. is experiencing rapid growth. Dividends are expected to grow at 28 percent per year during the next three years, 18 percent over the following year, and then 5 percent per year indefinitely. The required return on this stock is 11 percent, and the stock currently sells for $82 per share. What is the projected dividend for the coming year?

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Category:- Basic Finance
Reference No.:- M942949

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