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What about Kraft Heinz? They currently pay an annual divendend of $3.96 and we expect that to grow at a constant rate of 2.5% .
What about Kraft Heinz? They currently pay an annual divendend of $3.96 and we expect that to grow at a constant rate of 2.5% . Assuming the market requires a(n) 8.5% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.)
How much are their stock worth if they were to stop their divendend at 2.5% after 3 years and instead of grow at 1.4% after that, indefinitely? ( Answer with 2 decimals.)
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