Question: pleaseee help asap with complete answer (Non-constant growth)Pettyway Corp's next annual dividend (D1) is expected to be $4. After that, the growth rate in dividends
pleaseee help asap with complete answer
(Non-constant growth)Pettyway Corp's next annual dividend (D1) is expected to be $4. After that, the growth rate in dividends over the next three years is forecasted at 8%. And after that, Pettyway's growth rate in dividends is expected to be 5%. The required return is 15%. Then the value of the stock is
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