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Colgate - Palmolive Company has just paid an annual dividend of $ 1 . 9 9 . Analysts are predicting dividends to grow by $
ColgatePalmolive Company has just paid an annual dividend of $ Analysts are predicting dividends to grow by $ per year over the next years. After then, Colgate's earnings are expected to grow per year, and its dividend payout rate will remain constant. If Colgate's equity cost of capital is per year, what price does the dividenddiscount model predict Colgate stock should sell for today?
The price per share is $Round to two decimal places.
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