Iguana Incorporated paid a dividend of $1.90 this year. The dividend is then expected to grow...

  

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Iguana Incorporated paid a dividend of $1.90 this year. The dividend is then expected to grow by 14% a year for 3 years; it will be 3% per year after that. The required rate of return is 8.6%. The value of a share of Iguana Incorporated's stock is closest to: $ Number Round your answer to the nearest cent Iguana Incorporated paid a dividend of $1.90 this year. The dividend is then expected to grow by 14% a year for 3 years; it will be 3% per year after that. The required rate of return is 8.6%. The value of a share of Iguana Incorporated's stock is closest to: $ Number Round your answer to the nearest cent

Answer rating: 100% (QA)

To calculate the value of a share of Iguana Incorporateds stock we can use the Dividend Discount Mod... View the full answer