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2. INVISIBLE Inc. has provided you with the following schedule for dividends payment. After 2021, the dividends are expected to grow at 3% per year
2. INVISIBLE Inc. has provided you with the following schedule for dividends payment. After 2021, the dividends are expected to grow at 3% per year indefinitely. Assume that the appropriate market capitalization rate is 8%, then the stock should be worth today. Date Dividends Per Share End of 2019 $4.5 End of 2020 $5.5 End of 2021 $6.5 OA) $120.3 O B) $154.6 C) $152.8 D) $125.6 OE) None of the above
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