Question: Todds turtles is expected to increase dividends by 20% in year 1, by 10% in year 2 and 15% in year 3 and 4. After

Todds turtles is expected to increase dividends by 20% in year 1, by 10% in year 2 and 15% in year 3 and 4. After that dividends will increase at a rate of 4% per year indefinitely. The last dividend was $2,the required return is 15%. Which model do we need to use in this scenario to find out the price of stock today? Why? What are the dividend payments in year 1, 2, 3, 4 and year 5. Until when will the dividends growth rate become constant? What is the price of the stock at the end of year 4. What is the price of the stock today

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