10. Pick has a required return of 13ook, and the stock sells for $37.00 per share....
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10. Pick has a required return of 13ook, and the stock sells for $37.00 per share. The firm just paid a dividend of $1.00, and the pected to grow by 40.00% per year for the next 4 years, so D, $1.00(140) $3.8416. After t=4, the dividend is expected to grow at a consta per year. What is the stock's expected constant growth rate after t-4, ie, what is X? Do not round your intermediate calculations. 10. Pick has a required return of 13ook, and the stock sells for $37.00 per share. The firm just paid a dividend of $1.00, and the pected to grow by 40.00% per year for the next 4 years, so D, $1.00(140) $3.8416. After t=4, the dividend is expected to grow at a consta per year. What is the stock's expected constant growth rate after t-4, ie, what is X? Do not round your intermediate calculations.
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