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Smoke and Mirrors Coffee, Inc. is expecting phenomenal growth in the next two years. They are predicting dividends of 4.00 and 5.00. After that growth
Smoke and Mirrors Coffee, Inc. is expecting phenomenal growth in the next two years. They are predicting dividends of 4.00 and 5.00. After that growth is expected to level out at 3.5%. The rate expected in the marketplace to stocks similar to Smoke is 6%.
What is the value of a share of Smoke today?_____________________
What is the value of a share of Smoke in two years? __________________
What is the value of a share of Smoke in three years? __________________
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