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QUESTION 5 7 points Save Answer In 2017 and 2018, ThinkThank paid a dividend of $1.05 and $1.20 per share respectively. At the start of

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QUESTION 5 7 points Save Answer In 2017 and 2018, ThinkThank paid a dividend of $1.05 and $1.20 per share respectively. At the start of 2019, the company expected dividends to keep growing at this rate, and had a required rate of return of 12%. What was the share price at the start of 2019? (assume dividends were paid at the end of each year). Enter your answer in dollars to 2 decimal places. It is now mid-2021 and the economic downturn has impacted the company negatively. Consequently, the company has not been able to pay any dividends since 2018 and is not expected to pay any for the foreseeable future. What is another method (to the dividend discount model) that we can use to estimate share prices? Explain. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph 14px TX % da V Arial V P O WORDS POWERED BY TINY QUESTION 5 7 points Save Answer In 2017 and 2018, ThinkThank paid a dividend of $1.05 and $1.20 per share respectively. At the start of 2019, the company expected dividends to keep growing at this rate, and had a required rate of return of 12%. What was the share price at the start of 2019? (assume dividends were paid at the end of each year). Enter your answer in dollars to 2 decimal places. It is now mid-2021 and the economic downturn has impacted the company negatively. Consequently, the company has not been able to pay any dividends since 2018 and is not expected to pay any for the foreseeable future. What is another method (to the dividend discount model) that we can use to estimate share prices? Explain. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph 14px TX % da V Arial V P O WORDS POWERED BY TINY

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