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A.) A stock just paid a dividend of $2.90. The dividend is expected to grow at 24.88% for three years and then grow at 4.69%
A.) A stock just paid a dividend of $2.90. The dividend is expected to grow at 24.88% for three years and then grow at 4.69% thereafter. The required return on the stock is 14.56%. What is the value of the stock?
B.) A stock just paid a dividend of $1.73. The dividend is expected to grow at 23.66% for five years and then grow at 3.47% thereafter. The required return on the stock is 10.32%. What is the value of the stock?
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