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7) Taftuf Airlines paid the following dividends from 2014 to 2018: 2014 2015 2016 2017 2015 5205 S2013 1952 105220 The airline is expected to

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7) Taftuf Airlines paid the following dividends from 2014 to 2018: 2014 2015 2016 2017 2015 5205 S2013 1952 105220 The airline is expected to pay the average dividend growth expressed above forever. If investor require 12 percent rate of return on the airline, what is the fair market value of its stock in 2019? 7) Taftuf Airlines paid the following dividends from 2014 to 2018: 2014 2015 2016 2017 2015 5205 S2013 1952 105220 The airline is expected to pay the average dividend growth expressed above forever. If investor require 12 percent rate of return on the airline, what is the fair market value of its stock in 2019

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