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pleas make sure the answe is clear and now words are chpoed. this is my 3 time posting this question. Abdul Raheem is considering investing

pleas make sure the answe is clear and now words are chpoed. this is my 3 time posting this question. image text in transcribed
Abdul Raheem is considering investing in Active Piping Company, which is a steel piping manufacturing company. The most recent dividend issued, in 2016, to common stockholders was $1.70. Abdul Raheem estimates that the dividend will increase by 10% for the next four years (2017, 2018, 2019 & 2020) due to a new contract with the Bahraini government. After this period, Abdul Raheem predicts a slowing down of the growth rate in dividends back to 5% for the foreseeable future. If Abdul Raheem required rate of return is 15%, what should he consider the fair value in this stock? Paragraph Font family Font size BIU A S X, X

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