Xynga is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 18 perce
Posted: Sun Jun 05, 2022 7:38 am
Xynga is a new firm in a rapidly growing industry. The company
is planning on increasing its annual dividend by 18 percent a year
for the next 4 years and then decreasing the growth rate to 3
percent per year. The company just paid its annual dividend in the
amount of $2.50 per share. What is the current value of one share
of this stock if the required rate of return is 8.00 percent?
is planning on increasing its annual dividend by 18 percent a year
for the next 4 years and then decreasing the growth rate to 3
percent per year. The company just paid its annual dividend in the
amount of $2.50 per share. What is the current value of one share
of this stock if the required rate of return is 8.00 percent?