Business, 15.07.2020 03:01 leenzazou587

Dividends are expected to grow at 25% per year during the next three years, 15% over the following year and then 6% per year indefinitely. The required return on this stock is 9% and the stock currently sells for $79 per share. What is the projected dividend for the second year

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Dividends are expected to grow at 25% per year during the next three years, 15% over the following y...