Question: How would I solve this increasing its annual dividend to $1.00 next year and establishing a policy whereby the dividend will increase by 3.5 percent
How would I solve this
increasing its annual dividend to $1.00 next year and establishing a policy whereby the dividend will increase by 3.5 percent annually thereafter.
1. What will the dividend be six years from now?
2. How much will 1 share of this stock be worth 8 years from now with required rate of return is 9 percent?
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