company has just paid a dividend of $1.75. The firm expects the dividend to grow at 4% for the next 4 years and 3% there

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answerhappygod
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company has just paid a dividend of $1.75. The firm expects the dividend to grow at 4% for the next 4 years and 3% there

Post by answerhappygod »

company has just paid a dividend of $1.75. The firm expects the
dividend to grow at 4% for the next 4 years and 3% thereafter. The
required rate of return is 6%. What would you be willing to pay for
the stock today?
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