15. Calculate the growth rate of these dividends.

__________%

16. Calculate the estimated dividend for 2020.

$_________.

17. The required return is 17 percent. Using the Gordon model, a.k.a. CDGM, calculate the per share value of the stock for 2020 (assume the 2020 dividend comes at the end of the year and you want the value of the stock at the beginning of the year).

$__________.

Analyzing Dividend Information

Xiao Xin owns stock in a company which has paid the annual dividends.

Analyzing Dividend Information Xiao Xin owns stock in a company which has paid the annual dividends. Calculate the growth rate of these dividends. % 1 point Calculate the estimated dividend for 2020 . 1 point The required return is 17 percent. Using the Gordon model, a.k.a. CDGM, calculate the per share value of the stock for 2020 (assume the 2020 dividend comes at the end of the year and you want the value of the stock at the beginning of the year)