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What about Kraft Heinz. They currently pay an annual dividend of $4.76 and we expect that to grow at a constant rate of 2.9%. Assuming
What about Kraft Heinz. They currently pay an annual dividend of $4.76 and we expect that to grow at a constant rate of 2.9%. Assuming the market requires a(n)9.1% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.) Good point. How much is their stock worth if they were to stop growing their dividend at 2.9% after 5 years and instead grow at 1.8% after that, indefinitely? (Answer with 2 decimals)
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