Use the following information to calculate the value of Coca Cola stock.

Dividends

2015 - 1.32

2016 - 1.40

2017 - 1.48

2018 - 1.56

2019 - 1.60

Average the growth rates and use as your g%

Use an rs = 8%, calculate the value of the stock.

Lower your g estimate by 1%, calculate the new value.

The current stock price is $47.96

Calculate the rs using the current stock price and the lower growth estimate.