Consider a stock that will have dividends in the next three periods of $1.24, $1.40, and...
Consider a stock that will have dividends in the next three periods of $1.24, $1.40, and $1.44, respectively. interest rate = 12%, growth rate of the dividend in period 3 is 2.86%, price of stock in period 2 is $15.75. What is the price of today?
The answer is 14.78+-0.02. Please write down the details.
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Consider a stock that will have dividends in the next three
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