Question: BA 240 > HW 4: Stocks Problem 8 Intro Roller Inc. has just paid an annual dividend of $0.89. Analysts expect dividends to grow by

 BA 240 > HW 4: Stocks Problem 8 Intro Roller Inc.

BA 240 > HW 4: Stocks Problem 8 Intro Roller Inc. has just paid an annual dividend of $0.89. Analysts expect dividends to grow by 8% per year for the next 7 years, and then by 2% per year thereafter. The company has a required return of 12%. Part 1 11 Attempt 4/10 for 8.5 pts. What is the value of the stock now? 1+ decimals Submit

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