Dollar Inc. is a rapidly growing corporation. Its earnings and dividends are expected to grow at a rate of 30% for the next 2 years, then at growth rate of 20% for the following 3 years. After that, a constant growth rate of 9% is expected. Its last dividend was $ 2.45. If the required rate of return on stocks with similar risk is 22%, what is the current price of the stock?

seems like d

step-by-step explanation:

in problems involving proportions, we can use cross products to test whether two ratios are equal and form a proportion. to find the cross products of a proportion, we multiply the outer terms, called the extremes, and the middle terms, called the means.

hope it

answer: y = 3/2 x - 3

y = 1/8 x - 3/4 that would be your correct option

step-by-step explanation: w