Planned Obsolescence has a product that will be in vogue for 3 years, at which point the

Question:

Planned Obsolescence has a product that will be in vogue for 3 years, at which point the firm will close up shop and liquidate the assets. As a result, forecast dividends are DIV1 = $2, DIV2 = $2.50, and DIV3 = $18. What is the stock price if the is 12%?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...