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nevermind the growth Consider the following information which relates to dividends per share (DPS) for a given company: Year DPS 2019 $9.5 2018 $1.70 2017

nevermind the growth
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Consider the following information which relates to dividends per share (DPS) for a given company: Year DPS 2019 $9.5 2018 $1.70 2017 $1.55 2016 $1.40 2015 $1.6 Under this scenario, the required return on common stock is 1.1%. - Scenario #2 - Expand: Dividend in 2021 is expected to be $3.4 per share which will grow at an annual rate of 4.2% for two years (2022 and 2023), Under this scenario, the reqqired return on common stock is 7.1%. Required: What is the dollar difference in the present value per share of common stock between both scenarios

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