Company BBS cables paid a dividend of $5.50 in 2014. The growth rate forever is 8%. Requited rate of return is 12%. Calc

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answerhappygod
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Company BBS cables paid a dividend of $5.50 in 2014. The growth rate forever is 8%. Requited rate of return is 12%. Calc

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Company BBS cables paid a dividend of $5.50 in 2014. The growth
rate forever is 8%. Requited rate of return is 12%. Calculate the
Price of stock at the beginning of 2017. Please give the answer
within 25 min
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