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3.4-3.5 Corporation B's stock is expected to pay a dividend of $5 per share at t=1. Its equity cost of capital is 8%. 3.4 You
3.4-3.5 Corporation B's stock is expected to pay a dividend of $5 per share at t=1. Its equity cost of capital is 8%. 3.4 You conduct a research on Corporation B's business and conclude that its dividend will grow 3% every year in the future. What should be the value of this stock at t=0 based on your conclusion? 3.5 Say the market price of the stock at t=0 is $90. What is the implied dividend growth rate
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