Business, 02.11.2020 16:30 itsyagirl11076

The company ABC just paid $2 dividend per share, which will grow at 15% for the next three dividends. Afterwards, the dividends will level off and grow at 5% per year forever. If the investors require 7% return on similar investments, what is the price of stock today

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The company ABC just paid $2 dividend per share, which will grow at 15% for the next three dividends...