To determine the growth rate of dividends your boss suggests the following approach. at the historical dividend growth rate for the period from 2006 to 2014, which is the geometric average of yearly historical dividend from 2008 to 2014. From 2018-2020 the dividend growth rate will increase by 1% each year. Ater 2020, dividends will grow at a constant rate of 1% p For the next three years 2015-2017, you assume that dividends will grow growth rates over the period a. Use a Multistage Dividend Discount Model to determine an intrinsic value for Air New Zealand's stock price at the beginning of 2015. If the market price of Air New Zealand were $4.50 per share at the beginning of 2015, what would your recommendation on investing in the stock be? To determine the growth rate of dividends your boss suggests the following approach. at the historical dividend growth rate for the period from 2006 to 2014, which is the geometric average of yearly historical dividend from 2008 to 2014. From 2018-2020 the dividend growth rate will increase by 1% each year. Ater 2020, dividends will grow at a constant rate of 1% p For the next three years 2015-2017, you assume that dividends will grow growth rates over the period a. Use a Multistage Dividend Discount Model to determine an intrinsic value for Air New Zealand's stock price at the beginning of 2015. If the market price of Air New Zealand were $4.50 per share at the beginning of 2015, what would your recommendation on investing in the stock be