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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. The last dividend paid by ABC Inc. is 8 TL on 2022. The dividend is expected to grow 5 % by this year, 4% in the second year, % 5 third year and 3% in the following years. If the expected return rate of investors (k) is 14%. What is the value of this stock today (P0)
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