Question: pls show all work, and formulas. NO EXCEL Question 16 (1 point) A firm's most recently recorded dividend payment was $6. Dividend growth is estimated
Question 16 (1 point) A firm's most recently recorded dividend payment was $6. Dividend growth is estimated to grow at a rate of 10%, 16%, 14% in periods 1, 2, and 3, respectively, and then will stabilize to 2% forever. The required rate of return is 12%. Calculate the dividends in the first, second, third, and fourth and periods. Show all your work. (1 point) b. Using your answers in a), calculate what price would you be willing to pay for this stock today. Show all your work. (2 points) a. A/
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