Question: Problem ABC is a young starup company. Currently, they do not pay dividends. The first scheduled dividend will be paid at the end of year

Problem ABC is a young starup company. Currently, they do not pay dividends. The first scheduled dividend will be paid at the end of year 3, with amount of $1.50. In the next 4 years, the dividend will grow at 20% every year. After that, it will maintain a sustainable growth rate of 6% forever. The required rate of return is 15%. You are asked to write only one flexible excel program that has all of the following requirements respect to the change of input data: a) Please use IF function to develop a fexible model displaying the stock price and dividend for this model. b) Answer stock price at time 0 or a given random year in the output section. Note, answers shall be flexible once the input informatin change.

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