Ottocell Motor Company just paid a dividend of $1.40. Analysts expect its dividend to grow at a rate of 10 percent next year, 8 percent for the following two years, and then a constant rate of 5 percent thereafter. What is the expected dividend per share at the end of year 5?

Answer rating: 100% (QA)

To calculate the expected dividend per share at the end of year 5 we need to apply the different div... View the full answer