Business, 18.12.2019 19:31 lashayreed02

The stock of top of the muffin currently pays a dividend of $2.85. the dividend is expected to grow by 30% per year for the next three years. in year 4 it will increase by $2.40 over the previous year, and after that point it will grow at 2% per year for the foreseeable future. if you require an 10.8% return for investing in this stock, what is a share of the stock worth to you today?

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The stock of top of the muffin currently pays a dividend of $2.85. the dividend is expected to grow...