What is the value of stock in a company that just paid out $1.00 per share in dividends and expects these dividends to grow at a rate of 15% over the next 5 years, followed by 6% thereafter if investors require a 12.5% return?

Answer rating: 100% (QA)

De 1 015 k 115 145 s4015 13225 Ds 36225 it 015 ... View the full answer