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Today is January 1 , 2 0 2 4 ( D 0 ) . Ninja Co . will be ex - dividend tomorrow and pay
Today is January D Ninja Co will be exdividend tomorrow and pay a dividend of $ next week. The dividend is expected to increase by percent each year over the following three years DD and D and starting in D grow at an annual rate of percent forever. You expect a percent return on your invested capital.
a What price would you pay for a share in this company? Do not round PV factor" and other intermediate calculations. Round the final answer to decimal places. Omit $ sign in your response.
Price $
b What price would you pay for a share in this company tomorrow? Do not round PV factor" and other intermediate calculations. Round the final answer to decimal places. Omit $ sign in your response.
Price $
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