Question: I bought a common stock whose current dividend is $ 0 . 1 5 per share. Over the next two years, earnings and dividends are
I bought a common stock whose current dividend is $ per share. Over the next two years, earnings and dividends are expected to grow at an annual rate of percent per year, and then slow to a rate of percent thereafter. What is the value per share of the firm's common stock if I require a percent rate of return?b How much can I expect to sell the stock for in years?
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