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14535 1 pts D Question 3 Ackert Company's last dividend was $3.00. The dividend growth rate is expected to be constant at 1.5% for 2
14535 1 pts D Question 3 Ackert Company's last dividend was $3.00. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (r) is 12.0%. What is the best estimate of the current stock price? Do not found intermediate calculations. 1 pts D Question 4 Agarwal Technologies was founded 10 years ago. It has been profitable for the last 5 years, but it has needed all of its to support growth and thus has never paid a dividend. Management has indicated that it plans to pay a $0,40 dividend 3 years from today, then to increase it at a relatively rapid rate for 2 years, and then to increase it at a constant rate of 5.00% thereafter Management's forecast of the future dividend stream along with the forecasted growth rates, is shown below. Assuming a required retum of 15.00%, what is your estimate of the stock's current value? Use the dividend values provided in the table below for your calculations. Do not round your intermediate calculations. 6 Year Growth rate Dividends 0 NA $0.000 4 5 NANAM 40.00 25.00% SOIGO $0.000$04000580 $0.700 5.00% $0.735 1 Question 5 kech tar Questions
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