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ABC Inc. is a company established to operate in the IT sector a few years ago. The company began distributing its dividends last year. Investment

ABC Inc. is a company established to operate in the IT sector a few years ago. The company began distributing its dividends last year. Investment analysts believe that the company is in a high growth period and that, after four years, its profit shares will increase with a lower growth rate. Profit share estimates that analysts believe will pay for the company for 4 years are as follows:

2015 3,20 TL

2016 3.99 TL

2017 3.70 TL

2018 3,85 TL

The profit shares of ABC A.. are estimated to increase by 2% as of 2019 and the expected return rate from the company is 14%.

What will the stock price be 10 years from today?

Please solve step by step and show the formulas. Thank you.

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