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Starkiller Base Inc. expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $2.75.
Starkiller Base Inc. expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $2.75. In the following year their dividend will grow by 18% and in the year after by 22.8%. Following that they expect their dividends to continue growing at a constant rate of 4.3% forever. If the required rate of return for Starkiller Base is 10.8% per year, what is the price today of their shares? Answer to the nearest penny
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