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Tattletale News Corp. has been growing at a rate of 2 0 % per year, and you expect this growth rate in earnings and dividenc
Tattletale News Corp. has been growing at a rate of per year, and you expect this growth rate in earnings and dividenc to continue for another years.
a If the last dividend paid was $ what will the next dividend beDo not round intermediate calculations. Round your answer to decimal places.
Dividend
b If the discount rate is and the steady growth rate after years is what should the stock price be today? Do not round intermediate calculations. Round your answer to decimal places.
Stock price
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