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Please show the specific details of thecalculation Green FinTechnoloy Cop. launched its IPO last month, and just paid its annual dividend of $0.5 per share.
Please show the specific details of thecalculation Green FinTechnoloy Cop. launched its IPO last month, and just paid its annual dividend of $0.5 per share. As a rising star, it is expected to increase its annual dividend by 10 perent a year for the next five years, and then maintain a relatively stable groth rate of 2 percent per year thereafter. Suppose the appropriate required rate of return is 15 percent. Please estimate the stock price based on the dividend discount model.
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