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A company just paid a dividend of $1.87 per share. The dividend is expected to grow at 25 percent per year for the next five
A company just paid a dividend of $1.87 per share. The dividend is expected to grow at 25 percent per year for the next five years. Thereafter, the dividend growth rate is expected to be 6 percent per year into the foreseeable future. Calculate the dividend expected to be paid 10 years from today ( that is, att 10) A. $10.57 per share O B. $8.62 per share C.$7.64 per share D. $11.11 per share
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