Question: How do you plug this into the FV function for the dividends calculation? I have this same exact problem for my class, however my teacher

How do you plug this into the FV function for the dividends

How do you plug this into the FV function for the dividends calculation? I have this same exact problem for my class, however my teacher is asking us to plug it into the FV fx for credit:

Output area:To calculate dividends, must use FV fx for credit. To calculate stock prices, formula entry is requiredcalculation? I have this same exact problem for my class, however my

Please help! :(

Fowler, Inc., just paid a dividend of \\( \\$ 1.95 \\) per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. If investors require a return of 10.5 percent on this stock, what is the current price? What will the price be in three years? In 15 years? \\begin{tabular}{|l|l|} \\hline Input area: \\\\ \\hline & \\\\ \\hline Output area: & \\( \\begin{array}{l}\\text { To calculate dividends, must use FV fx for credit. } \\\\ \\text { To calculate stock prices, formula entry is required }\\end{array} \\) \\\\ \\hline \\end{tabular} FV \\begin{tabular}{r|r} Rate & \\( = \\) number \\\\ Nper & \\( = \\) number \\\\ Pmt & \\( = \\) number \\\\ Pv & \\( = \\) number \\\\ Type & \\( = \\) number \\\\ & \\( = \\) \\end{tabular} Returns the future value of an investment based on periodic, constant payments and a constant interest rate. Rate is the interest rate per period. For example, use \6 for quarterly payments at \6 APR. Formula result \\( = \\)

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