Business, 07.08.2021 01:00 PaMuth1100
The RLX Company just paid a dividend of $1.90 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. Investors require a return of 10 percent on the company's stock.
a. What is the current price?
b. What will the price be in three years?
Answers: 2
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The RLX Company just paid a dividend of $1.90 per share on its stock. The dividends are expected to...
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