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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 $3.85.
Starkiller Base Inc. expects to have a changing dividend policy over the next few years starting with the dividend that they just paid of $3.85. In the following year their dividend will grow by 20.4% and in the year after by 14.3%. Following that they expect their dividends to continue growing at a constant rate of 46% forever, if the required rate of return for Starkiller Base is 11% per year, what is the price today of their shares? Answer to the nearest penny
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