Bartholomew Industries common stock indicates a dividend of $2 a share next year, and its dividend has

Question:

Bartholomew Industries’ indicates a of $2 a share next year, and its has been growing at an annual rate of 15 percent. If its stock has a current market price of $40 a share, calculate your total on the stock.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these...