Question: please solve the question using excel or the formulas below thank you Suppose Nabisco Corporation just issued a dividend of $1.5 per share yesterday. Subsequent

please solve the question using excel or the formulas below thank you
please solve the question using excel or the formulas below thank you
Suppose Nabisco Corporation just issued a dividend of $1.5 per share yesterday.

Suppose Nabisco Corporation just issued a dividend of $1.5 per share yesterday. Subsequent dividends will grow at a constant rate of 5.09% indefinitely. If the required rate of return for this stock is 12.64%, what is the value of a share of common stock today? If you want to use formulas, listed below are some formulas commonly used in Constant Dividend Growth Model Calculations: The price of the stock boday (Po) assuming a dividend of Do paid boday, a constast dividend growth rate g, and the requied rale of return R Pg=RgD1=RgD0(1+g) For a peried of high growth rate g1 for n year. folowed by a conasant growth rate 0 . the phot of the siock po is calculated as This satisfies the constant divifend growth rate model

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