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yesteryear productions pays no dividend at the present time. the company plans to start paying an annual dividend in the amount of $0.40 a share

yesteryear productions pays no dividend at the present time. the company plans to start paying an annual dividend in the amount of $0.40 a share for two years commencing four years from today. after that time, the company plans on paying a constant $0.75 a share annual dividend indefinitely. how much are you willing to pay to buy a share of this stock today if your required return is 11.6 percent? a.$3.78 b.$4.22 c.$4.37 d.$4.71 e.$4.98

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