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Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate
Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 7.6 percent thereafter. The required return is 12 percent and the company just paid a $1.75 dividend. What are the dividends each year for the next four years? What is the current share price?
Year 1:
Year 2:
Year 3:
Year 4:
Share price in 3 years:
Current Share Price:
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