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A stock is expected to pay dividends of $1.45 per share in Year 1, $1.68 per share in Year 2 and the expected stock pric

Posted: Tue Jan 18, 2022 12:59 pm
by answerhappygod
A stock is expected to pay dividends of $1.45 per share
in Year 1, $1.68 per share in Year 2 and the expected stock price
in Year 3 is $20.12. What is the current value of the stock at a
discount rate of 15% (in $ dollars)? $______.