Question: Can you answer this in Excel format and provide the Excel function/equation? Thanks! 118 X LL Question 7 Chapter 6 Could | Industries just paid

Can you answer this in Excel format and provide the Excel function/equation? Thanks!

Can you answer this in Excel format and provide the Excel function/equation?

118 X LL Question 7 Chapter 6 Could | Industries just paid Input Area: a dividend of $ 5.22 per share. The dividends are Dividend per share 69 + 5.22 LO expected to grow at a 19 Initial growth rate 19% percent rate for the next Terminal growth rate 5% twenty years and then level # of years CO off to a 5 percent growth Required return 13.5% rate indefinitely. If the 10 required return is 13.5 Output Area: percent, what is the value of the stock today? (Use the equation below). Do(1 + 81) [ Do(1+ 82) (6.11) Po = k - 81 k - 82

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