Question
***********PLEASE NO EXCEL ANSWERS!!! I CAN USE A TI84 CLACULATOR FOR TEST OR BY HAND. PLEASE SOLVE WITH A TI84 CALCULATOR OR BY HAND....tHANKYOU**************** Watson
***********PLEASE NO EXCEL ANSWERS!!! I CAN USE A TI84 CLACULATOR FOR TEST OR BY HAND. PLEASE SOLVE WITH A TI84 CALCULATOR OR BY HAND....tHANKYOU****************
Watson Electric has paid a constant dividend of $1.50 a share for the past 100 years. Yesterday, they announced that the dividend will increase next year by 10 percent and will stay at the level for two years, after which time the dividends will increase by 2 percent annually. The required return on this stock is 7 percent. What is the current value per share?
***********PLEASE NO EXCEL ANSWERS!!! I CAN USE A TI84 CLACULATOR FOR TEST OR BY HAND. PLEASE SOLVE WITH A TI84 CALCULATOR OR BY HAND....tHANKYOU****************
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