What are the steps to find stock price in 15 years if ABC's next dividend is expected to be $6.16, its required return is18%, itsgrowth rateis 7%.

How to find current stock price if ABCCompany's last dividend was $0.9.The dividend growth rate is expected to be constant at 7% for 4 years, after which dividends are expected to grow at a rate of 5% forever.The firm's required return (rs) is 18%.

Steps t find rate of return on this stock. The common stock of ABC Industries is valued at $43.06 a share. The company increases their dividend by6.6 percent annually and expects their next dividend to be $6.4.