Could i industries just paid a dividend of 110 per share


Could I Industries just paid a dividend of 1.10 per share. The dividends are expected to grow at a 20% rate for the next 6 years and then level off to a 4% growth rate indefinitely. If the required rate is 12%, what is the value of the stock today?

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Financial Management: Could i industries just paid a dividend of 110 per share
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