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Maggie Corp. forecasts dividends of: $1.8 one year from now, $2.2 two years from now, $2.6 three years from now, followed by growth in the
Maggie Corp. forecasts dividends of: $1.8 one year from now, $2.2 two years from now, $2.6 three years from now, followed by growth in the dividend of 4% per year forever after that. The required return on the stock is 10%. Your estimate of Maggie's stock price should be $ per share. Margin of error for correct responses: +/- $.10. Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your final response to 2 decimal places (example: if your answer is $12.34567, you should enter 12.35)
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