As a new trader, Clark bought a common stock, 50 shares of Jollibee Food Corporation (JFC) at ₱178 per share. He heard from some investors that being a food chain company, JFC is estimated to be...

As a new trader, Clark bought a common stock, 50 shares of Jollibee Food Corporation (JFC) at ₱178 per share. He heard from some investors that being a food chain company, JFC is estimated to be growing in value by 2.5% every year. Hence, he expects to receive dividends which also grow at 2.5% each year.