Question
A stock just paid a dividend of $1.00. The dividend is expected to grow at 20.16% for three years and then grow at 3.34% thereafter.
A stock just paid a dividend of $1.00. The dividend is expected to grow at 20.16% for three years and then grow at 3.34% thereafter. The required return on the stock is 13.82%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
A stock just paid a dividend of $1.18. The dividend is expected to grow at 28.71% for five years and then grow at 3.19% thereafter. The required return on the stock is 13.03%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
A stock just paid a dividend of $1.59. The dividend is expected to grow at 29.83% for two years and then grow at 4.24% thereafter. The required return on the stock is 10.17%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
I would really appreciate the help!! :) Also it would be great if you could show the steps (not in excel) for better understanding~ Thank You
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