Question: Find Dividend 8 given Div 3 is $2.60 and dividends are growing at a constant rate of 3%. Suppose you forecast the dividend one-year from

Find Dividend 8 given Div 3 is $2.60 and dividends are

Find Dividend 8 given Div 3 is $2.60 and dividends are growing at a constant rate of 3%. Suppose you forecast the dividend one-year from now to be $3.00. The expected growth rate of dividends is 8% and the discount rate is 12%. What is the stock price today

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