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The Evil Twins Corporation announced of its plans to pay: $3 dividend per share in 1 year, $6 dividend per share in 2 years, $9
The Evil Twins Corporation announced of its plans to pay: $3 dividend per share in 1 year, $6 dividend per share in 2 years, $9 dividend per share in 3 years, DIVIDENDS after which the dividend will be increasing at a constant annual growth rate of 5 percent. The rate of return for this company is 12%. Calculate the value of one share of stock of this company. (a) Part of the calculation will be finding the Present Value of a with its first dividend being $ (given). (b) The final numerical answer to this problem is $ (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 100.23.) ent Value of a with its firs ordinary annuity mal places fo annuity due Only round yo decimal plac regular perpetuity growing perpetuity $3 $6 $9 $91.51 $98.08 this response. Qu $102.50 $109.96 $122.15 ordinary annuity annuity due regular perpetuity growing perpetuity $3 $6 $9 $91.51 $98.08 $ 102.50 $109.96 of return for this c $122.15 the value of one shan et dividend being $ (given). es for any intermediate calculations, from the default 2 to 6 or high ordinary annuity annuity due regular perpetuity growing perpetuity this respd $3 $6 $9 -fits plans $91151 $98.08 $102.50 ng at a con of 5 percent $109.96 the Preser $122.15 oblem is is Increase des
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