Question: Fey Fashions expects the following dividend pattern over the next seven years: Then the company will have a constant dividend of $2.00 forever. What is

Fey Fashions expects the following dividend pattern over the next seven years:


Fey Fashions expects the following dividend pattern over the next


Then the company will have a constant dividend of $2.00 forever. What is the price of this stock today if an investor wants to earn
a. 15%?
b.20%?

Year Year 2 Y 3 Year 4 Year 5 Year 6 Year 7 S1.00 $1.10 $1.21 S1.33 $1.46 1.6 S1.77

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