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Assume Gillette Corporation will pay an annual dividend of $2.1 one year from now. Analysts expect this dividend to grow at 10% per year thereafter
Assume Gillette Corporation will pay an annual dividend of $2.1 one year from now. Analysts expect this dividend to grow at 10% per year thereafter until the 3rd year. Thereafter, growth will level off at 3 per year. Based on these assumptions, what dividends will Gilette pay in the next four years? Note that you do not need to find the current stock price - all you have to calculate are the dividends D1, D2, D3 and D4, to the nearest cent. D1 = D2 = D3 = D4 =
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