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answer both please!!!!!!!!! Sheridan Corp. will pay dividends of $5.00,$6.25,$4.75, and $3.00 in the next four years. Thereafter, management expects the dividend growth rate to
answer both please!!!!!!!!!
Sheridan Corp. will pay dividends of $5.00,$6.25,$4.75, and $3.00 in the next four years. Thereafter, management expects the dividend growth rate to be constant at 6 percent. If the required rate of return is 25.00 percent, what is the current value of the stock? (Round all intermediate calculations and final answer to 2 decimal places, e.g. 15.20.) Current value Management of Ivanhoe, a biotech firm, forecasted the following growth rates for the next three year5: 35 percent, 28 percent. and 22 percent. Management then expects the company to grow at a constant rate of 9 percent forever. The company paid a dividend of $1.40 last week. If the required rate of return is 22 percent, what is the value of this stock? (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.20.) Value of stock Step by Step Solution
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