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Does someone know how to do these? Please highlight answers thx Will rate thumb up for good response thanks so much! 2. ZTY Corp. has
Does someone know how to do these?
Please highlight answers thx Will rate thumb up for good response
thanks so much!
2. ZTY Corp. has paid the following dividends per share over the past five (5) years: Year Dividend 2017 2018 2019 2020 $3.30 $3.50 $3.70 $3.93 $4.20 i 2021 You expect that from 2022 to 2026 the dividend will continue to grow at the compound ave- rage growth rate of the years 2017 to 2021. You expect that the 2027 dividend will be 3% higher than the 2026 dividend and that the growth rate will continue at 3% p.a. for the indefi- nite future. The company's cost of equity is 13%. Estimate the present (2021) stock price. E $ $Step by Step Solution
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