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Home / Questions / RAKA CORPORATION is a fast growth stock and expects to grow at an annual rate of 25% for t...

RAKA CORPORATION is a fast growth stock and expects to grow at an annual rate of 25% for the next four years It then will settle to a constant growth rate of 8% The last year dividend was $4 If the

RAKA CORPORATION is a fast growth stock and expects to grow at an annual rate of 25% for the next four years. It then will settle to a constant-growth rate of 8%. The last year dividend was $4. If the required rate of return is 18%, what is the current price of the stock?

 

May 26 2020 View more View Less

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