Question: A company will pay a $ 2 per share dividend in 1 year. The dividend in 2 years will be $ 4 per share, and
A company will pay a $ per share dividend in year. The dividend in years will be $ per share, and it is expected that dividends will grow at per year thereafter. The expected rate of return on the stock is
What is the current price of the stock?
Note: Do not round intermediate calculations. Round your answer to decimal places.
What is the expected price of the stock in a year?
Note: Do not round intermediate calculations. Round your answer to decimal places.
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