The Farmer's Market just paid an annual dividend of $5 on its stock. The growth rate...

  

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The Farmer's Market just paid an annual dividend of $5 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a 13 percent return on the stock for the first 3 years, a 10 percent return for the next 3 years, a 7 percent return thereafter.(what does it mean in financial market?) What is the price per share three years from now? The Farmer's Market just paid an annual dividend of $5 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a 13 percent return on the stock for the first 3 years, a 10 percent return for the next 3 years, a 7 percent return thereafter.(what does it mean in financial market?) What is the price per share three years from now?