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Please Solve using EXCEL. The correct answers are listed A company just paid a dividend of $3.21 a share. The dividend is expected to grow
Please Solve using EXCEL. The correct answers are listed
A company just paid a dividend of $3.21 a share. The dividend is expected to grow at 8% a year for the next 5 years and then at 4% afterwards.
What is the expected dividend per share at the end of year 5? At the end of year 8?
Solution: | |
Div_5 | 4.72 |
Div_8 | 5.31 |
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