Question: hi how do you calculate this problem using excel. Time period is from 1 to 6 Paste BIU- Alignment Number Cells Editing Conditional Format as

 hi how do you calculate this problem using excel. Time period

hi how do you calculate this problem using excel. Time period is from 1 to 6

Paste BIU- Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font H16 AB D E F G H 4 A fast-growing firm recently paid a dividend of $0.95 per share. The dividend is expected to increase at a 15 percent rate for the next three years. Afterwards, a more stable 10 percent growth rate can be assumed. If an 11 percent discount rate is appropriate for this stock, what is its value today? (Do not round intermediate calculations and round your final answer to 2 decimal places.) 5 6 $ 7 Latest dividend Non-constant arowth rate 0.95 15.00% 8 9 Next

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