Marcel co. is growing quickly. dividends are expected to grow at a 20 percent rate for the next 3 years, with the growth rate falling off to a constant 7 percent thereafter. required: if the required return is 11 percent and the company just paid a $3.00 dividend. what is the current share price?

Managers at flavors, a restaurant chain, train their employees such that in the absence of employees, someone trained in the same skills can step in and do the job equally well. thus, many modules in training are extensive as they provide employees with details of the skill sets required for different jobs. in practice, this lengthy training program does the company as a well-trained and flexible workforce is at their disposal at all times. the managers at flavors use a) job rotationb) vertical enhancementc) telecommutingd) job sharinge) flextime