Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 28 percent for the next three years, with the growth rate falling off to a constant 6.4 percent thereafter. The required return is 16 percent and the company just paid a $2.95 dividend.
What are the dividends each year for the next four years?
What is the share price in the three years?
What is the current share price?