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What about Kraft Heinz. They currently pay an annual dividend of $2.58 and we expect that to grow at a constant rate of 1.8%. Assuming
What about Kraft Heinz. They currently pay an annual dividend of $2.58 and we expect that to grow at a constant rate of 1.8%. Assuming the market requires a(n) 7.4% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.) Joseph Lanqemeier Joseph Lanqemeier Darnell Good point. How much is their stock worth if they were to stop growing their dividend at 1.8% after 3 years and instead grow at 0.7\% after that, indefinitely? (Hint: Round intermediate calculations to 2 decimals and input final answer with 2 decimals)
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