Pavlos, Inc., is expecting a period of intense growth, so it has decided to reduce its annual dividend by 10 percent a year for the next three years. After that, it will maintain a constant dividend of $1.90 a share. Last year, the annual dividend was $2.70 a share. What is the market value of this stock if the required rate of return is 15 percent?

Answer rating: 100% (QA)

Heres how to find the market value of Pavloss stock Calculate the present value of the declining div... View the full answer