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Beers Beers Corp. has an erratic dividend structure. It just released a dividend earlier today of $1.00. Next year the dividend will be so. The
Beers Beers Corp. has an erratic dividend structure. It just released a dividend earlier today of $1.00. Next year the dividend will be so. The following year the dividend will be $2.00. Thereafter, the dividend will grow each year by a sustainable growth rate of 2% forever. The interest rate if 5%. What is the price (PV) of Beers Beers today? 563.49 S67.89 S65.23 $66.67
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