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A stock paid a $3.50 dividend last year. The dividend is expected to grow at a rate of 2% per year. What are the next

Posted: Tue Jan 18, 2022 12:59 pm
by answerhappygod
A stock paid a $3.50 dividend last year. The dividend is
expected to grow at a rate of 2% per year. What are the next
3 dividends that an investor is expecting to receive?
and
A company announces it will pay a $2 and then plans to grow the
dividend by 4% a year for the foreseeable future. If an
investor requires a 15% rate of return, what is the maximum price
the investor should pay for the stock?