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A stock of the endless games is forecasted to pay annual dividends of $1.20 in Year 1 and $1.35 in Year 2. Subsequently, the dividend
A stock of the endless games is forecasted to pay annual dividends of $1.20 in Year 1 and $1.35 in Year 2. Subsequently, the dividend is expected to increase by 2.5% annually. Calculate the current value of the stock if your required rate is 14.5%?
A.10.87 dollars.
B. 13.39 dollars
C. 11.29 dollars
D. 12.07 dollars
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