Question: Please use a similar table. 13.) You are considering purchasing stock of the Uuge Corporation. Your research leads you to believe that the company will

 Please use a similar table. 13.) You are considering purchasing stock

Please use a similar table.

13.) You are considering purchasing stock of the Uuge Corporation. Your research leads you to believe that the company will pay dividends as follows: next year the company will not pay a dividend, the year following, the company will pay $1.50/share dividend, the year following that, the company will pay a S2.00/share dividend then, beginning in year 4, the company will increase dividends by 3%year over each preceding year, indefinitely. Based on the Beta of the stock the required rate of return on this stock is 17%/annum. Based on this information, what is the maximum per share price you would pay for this stock? You may use the template below to formulate your

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