Question: can you answer both and show work please 3 A stock just paid a dividend of $1.05. The dividend is expected to grow at 21.43%
3 A stock just paid a dividend of $1.05. The dividend is expected to grow at 21.43% for three years and then grow at 4.70% thereafter. The required return on the stock is 11.17% What is the value of the stock? Submit Answer format: Currency Round to 2 decimal places. 84 A stock just paid a dividend of $1 10. The dividend is expected to grow at 23.83% for five years and then grow at 4,81% thereafter. The required return on the stock is 12.87%. What is the value of the stock? Submit Answer format: Currency Round to: 2 decimal places
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