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You expect Dawgs Unlimited stock to pay a divided of $4.85 one year from now. You further expect no dividend payment two years from now,
You expect Dawgs Unlimited stock to pay a divided of $4.85 one year from now. You further expect no dividend payment two years from now, but a dividend of $1.79 three years from now. You also expect the stock to trade at $41.57 three years from now, immediately after paying its dividend. Use a discountrate of 13% to determine the stock's intrinsic value. Round your answer to the nearest penny. Gamecock.com's future dividends will grow at a constant rate of 4.2% per year. If its next dividend of $5.89 will be paid exactly one year from now and you require a return is 13.3\%, how much is Gamecock.com stock worth to you today? Round your answer to the nearest penny
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