Smart Labs Technologies just paid a dividend of $2.4 per share and it is expected to grow 14% each year for the next 2 y

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answerhappygod
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Smart Labs Technologies just paid a dividend of $2.4 per share and it is expected to grow 14% each year for the next 2 y

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Smart Labs Technologies just paid a dividend of $2.4 per shareand it is expected to grow 14% each year for the next 2 years.After that, dividends will have a constant growth of 3% annually.The required rate of return for this stock is10%. Given this information, what would be theshare price for this firm? Roundyour answer to two decimals and enter your answer in the boxbelow.
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