Company does not currently pay dividends. the company will start with a 0.50 dividend at the end of year 3 and grow it by 10% for each of the next 6 years until it reaches nearly $1.00. After 6 years...


Company does not currently pay dividends.  the company will start with a 0.50 dividend at the end of year 3 and grow it by 10% for each of the next 6 years until it reaches nearly $1.00.  After 6 years of growth, it will fix its dividend at $1.00 forever.  if you want a 15% return on this stock, what should you pay today given this future dividend stream?



Jun 08, 2022
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