Question

The dividends of FIN220 Co. are expected to grow at 15 percent in one year, 20...

The dividends of FIN220 Co. are expected to grow at 15 percent in one year, 20 percent in two years, after which the constant growth rate of 6 percent is expected forever. If the company has just paid the dividend of 3.10 Baht and the required return on the stock is 12 percent, what is the current share price?

64.62

69.06

71.08

66.84

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