Page 1 of 1

johnston corporation has been growing at a constant rate of 8 percent per year in recent years. This same growth rate is

Posted: Thu May 26, 2022 7:20 am
by answerhappygod
johnston corporation has been growing at a constant rate of 8
percent per year in recent years. This same growth rate is
expected. The current dividend (i.e D0) is 1.60$ and the required
rate of return for the comapny is 12%.
Calculate the expected dividend stream for the next 3 years.
What is johnston corporation's stock worth today?
What is johnston corportaion's stock worth after 4 years i.e
P4?