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Rocker Corp. is expanding rapidly, with its dividend growth rate for the coming year projected at 1 5 . 0 0 % . This rate
Rocker Corp. is expanding rapidly, with its dividend growth rate for the coming year projected at This rate will decline by percentage points per year until it reaches the industry average of Once it reaches it will stay there indefinitely. The most recent dividend was $ per share. To clarify, Rocker makes a payment once per year and the expected dividend per share for the next five years is: D$$ D$$ D$$ D$$ The market requires a return of per year on investments such as this one. Based on this information, compute the current value of each share.
Rocker Corp. is expanding rapidly, with its dividend growth rate for the coming year projected at This rate will decline by percentage points per year until it reaches the industry average of Once it reaches it will stay there indefinitely. The most recent dividend was $ per share. To clarify, Rocker makes a payment once per year and the expected dividend per share for the next five years is:
D$$
D$$
D$$
D$$
The market requires a return of per year on investments such as this one. Based on this information, compute the current value of each share.
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