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Quantitative Problem 3t Assume today is December 31, 2019. Imagine Works Ine, just paid a dividend of $1,35 per share at the end of 2019.
Quantitative Problem 3t Assume today is December 31, 2019. Imagine Works Ine, just paid a dividend of $1,35 per share at the end of 2019. The dividend is expected to grow at 18% per yeor for 3 years, after which time is expected to grow at a canatant rate of 5.5% annualir. The company's cest of eoulty ( 6 ) is 9.5%. Using the dividend growth to the neqrest cont. s per share
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