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please help asap and help perform on excel! General Cereal common stock dividends have been growing at an annual rate of 7 percent per year
please help asap and help perform on excel!
General Cereal common stock dividends have been growing at an annual rate of 7 percent per year ov $1.9 per share. What is the current value of a share of this stock to an investor who requires a 14 percent rate of return if the following conditions exist? Round your answers to the nearest cent. a. Dividends are expected to continue growing at the historic rate for the foreseeable future. $ b. The dividend growth rate is expected to increase to 10 percent per year. $ c. The dividend growth rate is expected to decrease to 5.5 percent per year. General Cereal common stock dividends have been growing at an annual rate of 7 percent per year ov $1.9 per share. What is the current value of a share of this stock to an investor who requires a 14 percent rate of return if the following conditions exist? Round your answers to the nearest cent. a. Dividends are expected to continue growing at the historic rate for the foreseeable future. $ b. The dividend growth rate is expected to increase to 10 percent per year. $ c. The dividend growth rate is expected to decrease to 5.5 percent per year Step by Step Solution
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