World-tour co has just now paid a dividend of 283 per share, Corporate Finance

World-tour co has just now paid a dividend of 283 per share

World-Tour Co. has just now paid a dividend of $2.83 per share (D0); the dividends are expected to grow at aconstant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value on stock, after paying the dividend?

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Corporate Finance: World-tour co has just now paid a dividend of 283 per share

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Corporate Finance: World-tour co has just now paid a dividend of 283 per share

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