3. Nacho Industries just paid a dividend of Do = $2.50. Analysts expect that the company's dividend to grow by 20% this year, by 15% in year 2 and 3, 10% in year 4, and at a constant rate of 5% in year 5 and thereafter. The required rate of return on this stock is 8.25%. What is the stock's current market value?

3. Nacho Industries just paid a dividend of D0=$2.50. Analysts expect that the company's pividend to grow by 20% this year, by 15% in year 2 and 3,10% in year 4 , and at a constant rate of 5% in year 5 and thereafter. The required rate of return on this stock is 8.25%. What is the stock's current market value? a. 3. Nacho Industries just paid a dividend of D0=$2.50. Analysts expect that the company's pividend to grow by 20% this year, by 15% in year 2 and 3,10% in year 4 , and at a constant rate of 5% in year 5 and thereafter. The required rate of return on this stock is 8.25%. What is the stock's current market value? a