Question: Really need help with this, thanks. Round to 2 decimals A stock just paid a dividend of $2.18. The dividend is expected to grow at
Really need help with this, thanks. Round to 2 decimals
"A stock just paid a dividend of $2.18. The dividend is expected to grow at 20.21% for three years and then grow at 4.97% thereafter. The required return on the stock is 11.85%. What is the value of the stock?
A stock just paid a dividend of $1.82. The dividend is expected to grow at 27.55% for five years and then grow at 3.60% thereafter. The required return on the stock is 12.23%. What is the value of the stock?"
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