You were able to obtain forecasts of an organization's dividends over the next five years.

a. What is the present value of the 2023 dividend in todays money (as of 2022)?

Additional information:

Big Chunky just paid a $2.10 per share dividend this year. The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock is 10%.

Stocks current value per share = $30.90

11. You were able to obtain forecasts of Big Chunky's dividends over the next five ye: 1 a. What is the present value of the 2023 dividend in today's money (as of 2022 )