Question: need help on both! Smart Labs Technologies is expected to pay a dividend of $2.0 per share next year, $2.5 on year 2 , and
Smart Labs Technologies is expected to pay a dividend of $2.0 per share next year, $2.5 on year 2 , and $3.4 on year 3 . After that, dividends will have a constant growth of 3% annually. The required rate of return for this stock is 8%. Given this information, what would be the share price for this firm? Round your answer to two decimals and enter your answer in the box below. Question 18 1 pts As revenue increases fixed costs will increase. increase at the growth rate. stay the same. decrease
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