Starkiller Base Inc. expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $3.29. In the following year their dividend will grow by 24.8% and in the year after by 25%. Following that they expect their dividends to continue growing at a constant rate of 4.2% forever. If the required rate of return for Starkiller Base is 17.2% per year, 

what is the price today of their shares? Answer to the nearest penny.

Answer rating: 100% (QA)

Lets first calculate the dividends for the next three years Next years di... View the full answer