Question: What way would I go about solving a problem like this? C Corporation is expected to pay dividends over the next four years: $16, $13,
What way would I go about solving a problem like this?
C Corporation is expected to pay dividends over the next four years: $16, $13, $8, and $3, after which they pledge to maintain dividends at a constant 6% growth rate forever.
If the stocks' required rate of return is 13%, what should the current stock price be?
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