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6. Neverthought Corporation is growing rapidly and, so far, has not paid any dividend. This is year 2021. It will pay its first dividend in

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6. Neverthought Corporation is growing rapidly and, so far, has not paid any dividend. This is year 2021. It will pay its first dividend in 2023 and the expected dividend is Taka 10 per share. Dividend will grow at 40%, 30%, 20% in the subsequent years, and then is expected to settle at a growth rate of 12 percent. 1. If Neverthought shareholders require a return of 25 percent, what would be equilibrium price of Neverthought? 2. If a shareholder holds his shares for one year (that is till 2022), what will be expected price of the share in 2022? 3. What is the current dividend yield on the shares now

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