1.A stock just paid a dividend of $2.09. The dividend is expected to grow at 23.40% for two years and then grow at 4.52% thereafter. The required return on the stock is 12.66%. What is the value of the stock?
1.A stock just paid a dividend of $2.09. The dividend is expected to grow at 23.40% for two years and then grow at 4.52% thereafter. The required return on the stock is 12.66%. What is the value of the stock?