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(1) Post MyLoan Corp. is a company that publishes corporate bond information. It has just paid a $1.00 dividend. For the next 3 years dividends
(1) Post MyLoan Corp. is a company that publishes corporate bond information. It has just paid a $1.00 dividend. For the next 3 years dividends are expected to grow at rates of 20%, 30%, and 15%, with the growth rate falling off to a constant 8% thereafter. If the required return is 12%, what is the current share price? What is the price expected to be in 12 years
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