question archive Conroy Consulting Corporation (CCC) has been growing at a rate of
Conroy Consulting Corporation (CCC) has been growing at a rate of
Subject:FinancePrice:4.89 Bought3
Conroy Consulting Corporation (CCC) has been growing at a rate of...
Conroy Consulting Corporation (CCC) has been growing at a rate of 35% per year in recent years. This same nonconstant growth rate is expected to last for another 5 years. If D0 = $0.70, rs = 14%, and gL (long-term constant growth after year 5) = 5.0%, then what is CCC's stock worth today (P0)?
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Current worth of the CCC's stock (P0) = $25.00
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