Question: Does anyone how to solve this in excel? Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for
Does anyone how to solve this in excel?
| Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate falling off to a constant 7.9 percent thereafter. |
| Required: |
| If the required return is 16 percent and the company just paid a $3.70 dividend, what is the current share price? |
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