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A fast growing firm paid a dividend of $0.79 per share during the most recent year, The dividend is expected to increase at a rate
A fast growing firm paid a dividend of $0.79 per share during the most recent year, The dividend is expected to increase at a rate of 24.0% per year for the next 3 years , Afterwards, a more stable 5.25% annual growth rate should be assumed - If a 10.15% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)"
$28.74
$25.94
$27.31
$25.07
$22.05
$30.08
$31.62
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