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E. $18.10 10. A high growth software company will pay its first dividend of S0.30 next year. This dividend of . After that, the growth
E. $18.10 10. A high growth software company will pay its first dividend of S0.30 next year. This dividend of . After that, the growth will $0.30 will grow at a rate of 10% for four years until the end of year 5 slow down to 5% forever. The required rate of return is 15%. What is the price of the stock today? A. $3.49 B. $3.57 C. $3.65 D. $3.81 E. $4.02
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