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1. Giggle Inc. pays no dividends now. An analyst expects that Giggle will pay the following dividends per share beginning in 2022: Year 2022 2023

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1. Giggle Inc. pays no dividends now. An analyst expects that Giggle will pay the following dividends per share beginning in 2022: Year 2022 2023 2024 2025 Dividends $10 $15 $25 $35 After 2025 dividends will grow annually by 5 percent forever. If investors expect a 15 percent annual return, can you find the value of one Giggle common share at the end of 2021

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