Tattletale News Corp, has been growing at a rate of 10% per year, and you expect this growth rate in earnings and divide

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Tattletale News Corp Has Been Growing At A Rate Of 10 Per Year And You Expect This Growth Rate In Earnings And Divide 1 (17.37 KiB) Viewed 92 times

Tattletale News Corp, has been growing at a rate of 10% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years a. If the last dividend paid was $3, what will the next dividend be? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Dividend 5 3.30 ences b. If the discount rate is 19% and the steady growth rate after 3 years is 4%, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places) Stock price