A company currently pays a dividend of $2 per share. It is estimated that the company's dividend will grow at a rate of 20 % per year for the next 2 years, then the dividend will grow at a constant...



A
 company currently pays a dividend of $2 per share. It is estimated that the company's dividend will grow at a rate of 20
 %
 per year for the next 2 years, then the dividend will grow at a constant rate of 7% thereafter. The
hurdle rate on the stock, is 12.3 percent. What would you estimate is the stock’s current price?



Jun 04, 2022
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