Kreutzer corporations common stock pays dividends once a year. The firm just paid the dividend of $1.00 today and the dividend amount is projected to increase at the rate of 30% next year. After year 1 the growth rate is expected to stay constant at the annual rate of 5% for the foreseeable future. If your required rate of return is 10% what is the value of this stock

Answer rating: 100% (QA)

Answer To calculate the value of the stock we can use the divid... View the full answer