an The Nico Company's dividend has a constant growth rate of 4 percent per year stock today? iost recent dividend is $3.25 and the required rate of return is 9 percent What t is the price of the Ray Company paid $2.00 per share in common stock dividends last year. The policy is to allow its dividend to grow at 10 percent for 3 years and then the rate of 20) Julie's X- growth changes t required rate of return is 8 percent? 3 percent per year from year four and on. What is the value of the stock if the