Mcivers meals inc currently pays a 2 annual dividend


McIver's Meals, Inc. currently pays a $2 annual dividend. Investors believe that dividends will grow at 20% next year, 12% annually for the two years after that, and 6% annually thereafter. Assume the required return is 10%. What is the current market price of the stock?

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Business Management: Mcivers meals inc currently pays a 2 annual dividend
Reference No:- TGS01368098

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