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How to find the share price?/// West Co is expected to pay following dividends over the next four years: $10,$8,$5.5, and $2.5. Afterward, the company
How to find the share price?///
West Co is expected to pay following dividends over the next four years: $10,$8,$5.5, and $2.5. Afterward, the company pledges to maintain a constant 5% growth rate in dividends forever. If the required return on the stock is 10%, what is the current share price? (15 pts) Dividend one Dividend two Dividend three Dividend four Dividend growth rate Required return Output area: Year 4 price (P4) Share price (P0)
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