Symantec does not currently pay a dividend however in 4, Financial Management

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Symantec does not currently pay a dividend however in 4

Symantec does not currently pay a dividend, however, in 4 years you expect they will pay their first dividend and it will be $2 per share.

The dividend is expected to grow at a rate of 4% and investors' required rate of return for Symantec stock is 8% per year.

What should be the price of Symantec stock today?

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Financial Management: Symantec does not currently pay a dividend however in 4

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Financial Management: Symantec does not currently pay a dividend however in 4

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