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Business, 10.11.2019 05:31 ugh909

Momsen 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 6 percent per year indefinitely. the required return on this stock is 11 percent, and the stock currently sells for $68 per share. what is the projected dividend for the coming year?

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