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Posted on Jul 15, 2024

Canadian telecommunications firm, Globalive Communications Corporation, best known for Wind Mobile, Yak Communications and OneConnect brands, is projecting next years dividend at $3.85. The company

Canadian telecommunications firm, Globalive Communications Corporation, best known for Wind Mobile, Yak Communications and OneConnect brands, is projecting next years dividend at $3.85. The company is expecting a dividend growth rate of 35% over the next 4 years. After which, Globalive expects to maintain a constant 7% growth rate in dividends forever. If the required rate of return on the stock is 12%, what is the stocks terminal value or future price? What is the current share price?

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